Phil_Dicko
Active Member
I got a text from a mate of mine at work today saying that he'd heard rumours that "Thomas Cook were about to go bust". We're booked with Thomas Cook this year, so instantly that didn't sound like good news, particularly 5 weeks before we go.
When i got home I had a look on Google news straight away and, sure enough, quite a few stories published today involving Thomas Cook. One of them, published only 40 mins or so ago, says in the first few paragraphs that a German company that owns 52% of TC's shares is seeking financial help from the German government, which has today been initially rejected. Straight away my heart sank....
But reading on, it seems that TC have already reassured customers and staff that it won't affect them. At first I thought, "well, they could just say that anyway to calm people down." But it seems as though TC have actually explained the situation pretty clearly in their announcements today.
http://www.forbes.com/feeds/ap/2009/06/08/ap6516039.html
http://www.travelweekly.co.uk/Artic...rcandor-collapse-would-have-no-impact-on.html
So before anyone hears the same rumours and starts to panic (like me and my mate did), our holidays are safe.
When i got home I had a look on Google news straight away and, sure enough, quite a few stories published today involving Thomas Cook. One of them, published only 40 mins or so ago, says in the first few paragraphs that a German company that owns 52% of TC's shares is seeking financial help from the German government, which has today been initially rejected. Straight away my heart sank....
But reading on, it seems that TC have already reassured customers and staff that it won't affect them. At first I thought, "well, they could just say that anyway to calm people down." But it seems as though TC have actually explained the situation pretty clearly in their announcements today.
A Thomas Cook spokeswoman said: ...
"Thomas Cook operates completely autonomously as a financial operation. If Arcandor goes into administration, the 52% of our shares are likely to be retained by the banks, or they could be released on the open market.
"Whatever happens to Arcandor, it does not impact customers or staff at all."
http://www.forbes.com/feeds/ap/2009/06/08/ap6516039.html
http://www.travelweekly.co.uk/Artic...rcandor-collapse-would-have-no-impact-on.html
So before anyone hears the same rumours and starts to panic (like me and my mate did), our holidays are safe.