The Thomas Cook bankruptcy and its aftermath

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TLspotting
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Re: The Thomas Cook bankruptcy and its aftermath

Post by TLspotting » 27 Nov 2019, 13:35

sn26567 wrote:
26 Nov 2019, 21:56
The Condor part of the business looks still very healthy: Condor improved its key figures in fiscal 2018/19 56ended 30 September 2019. EBIT rose year-on-year by 32.4% to €56.8 million, with passengers up 6.9%, capacity up 4.5%, and sales up 6% to €1.5 billion.
https://www.aviation24.be/airlines/thom ... ad-factor/
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brabel
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Re: The Thomas Cook bankruptcy and its aftermath

Post by brabel » 27 Nov 2019, 14:02

So, Wamos took over the Neckermann offices and they are open again.
If you book there, which airline do u fly with? Still SN?
Any news on that?

flightlover
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Re: The Thomas Cook bankruptcy and its aftermath

Post by flightlover » 27 Nov 2019, 14:16

brabel wrote:
27 Nov 2019, 14:02
So, Wamos took over the Neckermann offices and they are open again.
If you book there, which airline do u fly with? Still SN?
Any news on that?
The airline selected by the tour operator that assembled the package you bought. They only offer vacations by other tour operators for now.

PttU
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Re: The Thomas Cook bankruptcy and its aftermath

Post by PttU » 27 Nov 2019, 22:49

"Other"? But not TUI I guess? Which airlines are mainly/usually used by those "other" package tour operators? Or is it really a big blend of all companies?

flightlover
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Re: The Thomas Cook bankruptcy and its aftermath

Post by flightlover » 28 Nov 2019, 02:22

PttU wrote:
27 Nov 2019, 22:49
"Other"? But not TUI I guess? Which airlines are mainly/usually used by those "other" package tour operators? Or is it really a big blend of all companies?
I don't know about all commercial deals between tour operators and airlines. One tour operator can have dozens of them depending on the number of destinations selected. I suggest you try them all and tell us about the result of your study. Or is there someone of the EX Thomas Cook shop employees that has a few free hours/days to save PttU some time?

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Re: The Thomas Cook bankruptcy and its aftermath

Post by sn26567 » 28 Nov 2019, 10:10

Pegase, which was part of Thomas Cook Belgium and thus flying essentially with Brussels Airlines, has now decided to also fly with TUI fly Belgium. Bad news for SN, although the impact should be rather limited since Pegase is an exclusive luxury brand.
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Re: The Thomas Cook bankruptcy and its aftermath

Post by TLspotting » 28 Nov 2019, 16:49

Thomas Cook France sold to 11 buyers, only the half of 685 employees taken over.
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Re: The Thomas Cook bankruptcy and its aftermath

Post by TLspotting » 30 Nov 2019, 17:03

Condor to get its old logo iso TC.
(Here on D-ABUF)
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Re: The Thomas Cook bankruptcy and its aftermath

Post by sn26567 » 13 Dec 2019, 19:20

Thomas Cook (UK) is set to be relaunched by new owner Fosun Tourism Group (China) in the first half of 2020. Fosun plans to use the tour operator’s brand on a travel platform targeting European customers.
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Re: The Thomas Cook bankruptcy and its aftermath

Post by Passenger » 18 Dec 2019, 23:11

Wamos Travel Belgium, who took over 62 travel agencies (Neckermann and/or Thomas Cook Travel Shop) has obtained an insolvency-insurance-police from Amlin. They are now allowed to sell trips (*) and recieve payments.

(*) By extreme exception, they were already allowed by the Belgian FOD Economie / SPF Economie to do so, but only with direct payment by the clients to the touroperators.

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Re: The Thomas Cook bankruptcy and its aftermath

Post by sn26567 » 23 Dec 2019, 20:48

Thomas Cook Balearics to enter into bankruptcy due to economic difficulties, as its parent company opted not to save the Spanish subsidiary.
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Re: The Thomas Cook bankruptcy and its aftermath

Post by TLspotting » 23 Dec 2019, 23:01

sn26567 wrote:
23 Dec 2019, 20:48
Thomas Cook Balearics to enter into bankruptcy due to economic difficulties, as its parent company opted not to save the Spanish subsidiary.
What about TC Aviation? Still useless...
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Re: The Thomas Cook bankruptcy and its aftermath

Post by sn26567 » 16 Jan 2020, 23:03

The Condor sale process has drawn interest from three parties, including LOT Polish Airlines and Apollo Global Management (US).
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Re: The Thomas Cook bankruptcy and its aftermath

Post by TLspotting » 17 Jan 2020, 16:35

Hillman Travel to take over 18 ex TC Belgium agencies.
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Re: The Thomas Cook bankruptcy and its aftermath

Post by sn26567 » 24 Jan 2020, 12:17

sn26567 wrote:
16 Jan 2020, 23:03
The Condor sale process has drawn interest from three parties, including LOT Polish Airlines and Apollo Global Management (US).
LOT buys Condor !!!

https://www.aviation24.be/airlines/lot- ... it-condor/
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Re: The Thomas Cook bankruptcy and its aftermath

Post by TLspotting » 01 Feb 2020, 13:20

sn26567 wrote:
24 Jan 2020, 12:17
LOT buys Condor !!!

https://www.aviation24.be/airlines/lot- ... it-condor/
And Luftie is not happy, as they are on the verge to abandon a cooperation to bring passengers to Frankfurt...
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Re: The Thomas Cook bankruptcy and its aftermath

Post by TLspotting » 12 Feb 2020, 17:23

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Re: The Thomas Cook bankruptcy and its aftermath

Post by sn26567 » 20 Feb 2020, 20:44

The Condor acquisition by the Polish Aviation Group was cleared by Germany’s Federal Cartel Office.
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