35 Burst results for "Thomas Cook"
"thomas cook" Discussed on The Brink
"She's been hitting the drink twice as hard now we're going to finish finish up and talk about the precipitous. Drop off the brink that Thomas Cook went through and it was. This was something that happened so so suddenly that it took a lot of people by complete surprise even even people who had said Yeah. I knew that they weren't doing well. Financially were shocked at how fast this unravel rabble. Will you never think that. Somebody's just gonNA close overnight when they've got tons of people whole around the globe so how he got there in two thousand seven like we said before the break lake they had more brick and mortar locations than any other travel retailer right but the travel industry as a whole was shifting online online so quickly that that was not an asset it was actually a liability. Yes because I was all that overhead so much overhead unlike an airplane with very little overhead smashes. It's all all underfoot in two thousand eleven. The company sought out one hundred and twenty five million dollars dollars or pounds. I believe dollars Zia. Every report I saw was posted in a news journal so I just assumed that that means we're talking dollars hundred twenty five million whether it's dollars or pounds is a lot of money whole Lotta money. And they did this to tide over their cash shortage. Yes so this was like A. They're in a real serious cash crunch that they just didn't have the money to keep operations two billion dollars in debt. Yeah so this. This was essentially the keep the lights on and be able to pay their their staff. Keep in mind their staff. It's not just travel agents. We're talking about flight crews. We're talking about you know paying for the fuel for your aircraft. There's tons of things that are part of this Gargantuan business at this point and it's it's mind in boggling it. The next year the company announced it was going to restructure and in the process close two hundred of its stores and in two thousand thirteen. The company announced is that it was going to streamline by merging their airlines in Belgium Scandinavia the United Kingdom and Germany into a single division and in two thousand fifteen they a announced a strategic partnership with Chinese Investment Group called Foshan international which looked like it might have been a saving grace book like it. Looks like it wasn't the first half of two thousand eighteen. The company was seeing a huge drop off in customers. Yes and the reasons for this are are multiple like there's no one caused we can point to and say this is why people travelled less. They're actually quite a few view. Different reasons that contributed in some way shape or form for example. You probably heard if you if you're not in the UK you've definitely heard heard about if you're in the UK you're living it which `sorry the brexit process right so brexit out. Some people have argued has discouraged a a lot of travel so a lot of people not knowing what was going to be in store for them you know financially or legally just to move in and amount of countries in the EU for example they held off on holiday plans so that was one argument. Another was that in two thousand eighteen gene the UK had an unusually warm winter and in the UK. Winter is when a lot of Brits fly away to get someplace that ain't so gosh dern Dang cold and damp and grey. I one of the coldest winters I ever spent was a June in the UK. Jin Yeah. That's how cold it can get there. Wow no I was in Scotland the northern regions of Scotland and it got chilly at night. No but but yeah I. It's it's I mean I I always think about when I go to Orlando like if I go to Orlando in the summer Summer Months I see one type of Tourists all over the place but if I go in the winter months it's almost All Brits Yeah and then there are also reports of management being unconservative with their pay. Yeah no there were a lot of stories about the the top levels of management at Thomas Cook we're having some of the most Exorbitant like executive salaries and benefits. So there was a lot of stories is about the mismanagement staying that people were were overpaid for their positions. At least that was the perception. I'm not sure if that was the reality. And these these factors were compounded by the fact that by May Have Twenty nineteen hoteling gas costs. were up and that was making travel even more expensive which was cutting into the profit margin for these packages they were offering because they couldn't have the packages go up too much or people wouldn't buy them but they couldn't wouldn't have it hold at the lower levels because then they would be losing money on the deal. He's acts put them in a rough place yet. July Twenty Nineteen Thomas is cook. Group received an initial offer from sin to be purchased yet again again so the that was something that the company was considering by August. Two Thousand Nineteen. They entered into a rescue package. which would give Tourism Control of the Thomas Cook Group tours tours and vacations. That would give Thomas Cook Airlines to creditors and bondholders and this package was nine hundred million pounds. So this little like this might be able to keep the company going for that just under a billion pounds amount. But it wasn't no because another punch was right around the corner. Yeah just a month later. Creditors are demanding an additional two hundred million pounds in funding. They were worried that two thousand nineteen The winter of two thousand nine hundred two thousand twenty was going to be a repeat of two thousand eighteen which we live in the south. And it's been a very hot September October ninety seven degrees degrees and October fourth. When we record this so not completely unfounded but that meant that the additional two two hundred million was beyond what I was willing to to negotiate and the deal essentially fell through and it by falling through the company crumbled? Yes they went into immediately predation. This one hundred and seventy eight year old company closed its doors overnight and the big part of the problem that you've probably heard about if you've been paying attention to the news regarding Thomas. Cook is that more than half a million people were. We're on a Thomas Cook vacation while this happened Collie and you're talking about immediately ceasing operations. Which means that airline airline doesn't exist anymore which meant thousands of people no longer had a way home? You had folks who are trapped all over the place and this is when in the UK government had to look into how to fix this for at least the UK citizens. Now keep in mind. There was like six hundred thousand. People were on vacation nation only ballot. I say only still huge number of people about one hundred sixty thousand of those were British citizens and everybody else's candidacy plum out of luck You at least for this particular solution and that solution was that the United Kingdom Civil Aviation Authority would start a repatriation peacetime program. Called operation. Matterhorn man. I guess it takes some of the sting out that you're gonna a half to depend upon your home country's government to get you back home if you're told that it's part of Operation Matterhorn. Eating a fun Disney ride. I mean at least it gives gives it something like romantic as opposed to get me the hell home does give you something pleasant sounding. Tell your grandchildren. Yeah and It was funny because I was actually reading news articles written about this whole experience and for some people it was very it was. It was frustrating trading stressful It was confusing and perplexing but for some people they got an unexpected a crazy upgrade to their experience because the CIA was chartering flights from pretty much any available airline that had aircraft craft and some of them were luxury airlines. Joe Order flights hard nicer and the these were. I mean these were like commercial jets these ed but in some cases they were commercial jets. They're meant for luxury flights. Where you might end up in a luxury suite type situation that normally would cost you? Thousands sounds and thousands of dollars but because it was the government that was kinda coming in and swooping it up. You didn't have any extra cost. It was them trying to get you home. I I hope that the people who found themselves in that situation would be able to enjoy the unexpected benefit through all the stress well and a lot of them also expressed a deep sense of empathy for the crew and the staff of Thomas. Cook there the over and over. I read reports about how they wanted to make it clear that they were not blaming. Any of the people who worked there for what was happening wasn't their fault right but that it was and there were also reports that talked about how the flight crews Thomas Cook flight crews new.
"thomas cook" Discussed on The Brink
"Dot com code four four four and joy so we're back areas a little tipsy but We're now we're going to continue with the story of Thomas Cook. By the time we get into the nineteen twenties The grandsons of Thomas Cook John's three three sons. Yes deal at that time. I think they in turn were ready to retire right so the family business was about to no longer. Maybe a family business. That is correct. They sold Thomas Cook. Goodness to the Companion International Day a a declined express Europeans. That was horrible. It was a good attempt at a Frenchaccent. I haven't done French since seventh grade. No well there's was that whole Renaissance Festival time where you played a French versus accent and fringes Asian different things. You're so yes So this French comes in and see WWL. Then they purchase the Thomas Cook Company. Some people say the the reason why this happened was that the cooks grandsons were concerned with the financial health. Long Term Health of the Thomas Cook Company and that they wanted to get out while the game was good. C. I. WWL had another high-profile Company under under a like a name and travel. That is infamous right. That would be the Orient Express would say it's almost more infamous in literature. Yes because murder on the Orient Express obviously but yes as the Orient Express us the same company that owns the Orient Express but the WWL L. would not hold onto Thomas Cook for very long not as long as the family owned now within less than in less than twenty years. Germany occupied Belgium. Yes which is where the headquarters for. CI WWL and that was because World War Two happening. This and the British government stepped in yes and nationalized. Thomas Cook folding it into British railways. And this is not not that different. From what the United States did in the outbreak of World War One when they essentially appropriate all the radio stations which is how we get our say right so which is again you can kind of understand it from a national security standpoint right. You cannot have a major transportation company Being operated by a foreign power during a time of war it just doesn't it doesn't make sense from a national security standpoint says why the UK government nationalized. Thomas Cook and after that because after war people want to save money you know. They started losing income. They start losing revenues because people wanted more economical travel packages and Thomas Cook did sort of focus on the middle class in providing reasonably priced travel trips. Yeah but they were having a hard time keeping up with this this cheaper demand and on top of that you know they're government run. Governments are slow to make change governments. Don't have to respond to the market. The same way that a private company. What and so there were some really some big issues with how the government was running this You know their their goal was not to. They had different priorities than a private company would so it's not that it was necessarily worse. It was just different and not necessarily early. What customers were wanting exactly so that problem got solved when a bank a hotel restaurant group in an auto group walk into a bar? Why why the long face they ban banded together and they decided that they would purchase essentially the Thomas Cook from the British? I government making it a private company again that was in the nineteen seventies and this was again where the company was mainly focused on these all inclusive of packages. Right you you you buy the whole holiday from Thomas Cook and you don't have to worry about anything and because you had the auto company yet the hotel well and Roll Restaurant Company. You had a bank in there. They were able to meet a lot of those with their own resources. And whatever they didn't have they could end up partnering with other other companies it just makes everything. More streamlined yes in the nineteen eighties. Thomas Cook had a pretty big presence in the US do to traveler's checks because they were actually one of the first companies to ever operate traveler's checks or or a precursor to them. They were so big that they even opened a computer center her in the United States and yet I still hadn't heard of that. I was about to say by the early nineteen nineties. They were one of the world's leading foreign exchange retailers colors. They had acquired a company called international which he got them to that point and then they were acquired by a different Combo Group of businesses. So the the hotel restaurant group the bank and the auto companies sold it to a different bank and travel conglomerate. Yeah somebody this time of for companies this time to Westdeutsche Landesbank thus deutschlandfunk. Listen why did you let me say if you could say better west L. B. and the Lt not you group which was an airline like it's do instead of Deutsche wait In one thousand nine hundred ninety two they then acquired a bank subsidiary Inner Payment Services Ltd in ninety four and that made them the largest supplier of traveler's checks outside the United States and then they sold their travel management business to Amex which gave Amex about ten percents of Thomas. Cook's annual revenue. They really were deciding. They needed to start. Yeah when we've seen this many times where a company you know it diversifies to the point where it realizes no now. We need to cut back back on some areas because we've lost so much focus that we're not able to to function properly. Well this is just the tip of they're going back to a single focus. Oh Yeah Yeah No. We're GONNA get a lot worse before. Well it doesn't get better spoiler alert. It does not get better it just keeps getting worse. Well it gets slightly better for a little bit because in Nineteen ninety-five Lt. You the airline that was in partnership with West L. B. In owning Thomas Cook bowed out. And so we're still be bought a whole bunch of different travel operations airlines tour groups and things like that and roll them all into the company under the brand. GMC Vert John Mason. Cook Thomas Cook Son and then then took those properties and made their own airline. Yeah this would also ended up being a big part of the problem if you year. It's it certainly would so They also ended up launching a website in nineteen ninety seven and we're one of the first companies somebody's infect the I travel agency in the UK to offer travel packages that you could purchase online so that you a lot of these companies when we talk about them this. This is the sort of thing that we tend to point out and say as bring right that they failed to adapt to changing times at least said that as far as web access the wet the ability to purchase things online as cook was on the frontline yeah but other elements of that changing landscape would be things they could could not compete with exactly once we reach the two thousand. Thomas Cook decided to pare down their focus to just travel so they sold their financial division service and they sell their foreign exchange service to travel ex and so then TRAVELEX also would be able to use the Thomas Cook branding on and Their checks for five years as part of this deal so it was just smart. Yeah kind of trading on that name also just to make that transition a little less rocky for for anyone who is actually using those things so that that helped a bit That same year. They finalize the sales of the divisions they also got acquired heard again again by condor and neckermann touristic ag. In Germany. I teach you get the easy one to say because I saw it ahead of time and and I jumped on it China then so he became Thomas Cook. AG At this point and to me it's amazing how many times this company had been through the different mergers and acquisitions not done yet. But before we get to their next acquisition they launched their airline in two thousand three officially Thomas Cook Airlines. And then we get back into the mergers acquisitions and name changes. This one actually is possibly the most important one of all Thomas Cook's history In Two thousand seven they merged with another company they might travel group P. L. C.. And this time the company would be known as Thomas Cook Group Group P l c the name that they ended with and this was it was meant to expand the reach of Thomas Cook to new regions that otherwise they they had not had a lot of presence in Scandinavian countries and they were doing it in an effort to also kind of consolidate things and alternately save some money yeah they're hoping these moves would save them about seventy five million pounds ear. Yeah and then. They also merged operations with a An organization called Cooperative Group and the Midland's cooperative society and by combining all these they became the large became became Mecca. Yeah travel agents exactly the largest chain of travel agencies in the United Kingdom. They had more than twelve hundred physical shops most of them located in what. The Brits called the High Streets High streets are like the shopping districts. But here's the problem we've seen over and over again how mergers and acquisitions often the process is an incredibly expensive one and often you're also looking combining the debt of two sometimes very large organizations which means you've got even more debt to deal with. That was the case with this merger well and then on top of it. You've got the travel industry changing to more online and they've got all of these shops. Yeah so you've got overhead overhead. You've got a billion dollars in debt by about twenty ten. That's about twice as much as what Thomas Cook had in two thousand seven before just as this merger was taking place lease You had the fact that online. It wasn't just that you could book things online. A lot of the the grunt brought work. That travel agents would do had become much easier to do yourself online and that's true so yeah so like the the the reason y the average person would go to a travel agent was largely because I find this process intimidating. I want to hand it off to someone who knows what they're looking king for the already know the the reputable places but with the Internet suddenly doing that research became much easier and in fact for a certain the type of person. It's fun I sometimes enjoy it lately. Remember last couple of trips. I've used a travel agent because it's I mean they don't cost me anything usually. Yeah they they get paid through partnerships with hotels and things like that and so I find it much more a relaxing to say. Here's what I want. Fi means something within my budget. You know. I have never stated that Amazing Murder Hotel if.
"thomas cook" Discussed on The Brink
"So impeachment Polish. Right if you want to know W T.F is going on right now. Well I've got just the podcast for you. I'm haze Brown a reporter and editor at Buzzfeed News and the host of impeachment today a daily podcast produced in partnership with iheartradio radio in just ten to fifteen minutes every weekday morning. I'll catch you up on. What just happened with the help of other buzzfeed news reporters to figure out what it all means and give you the context you need understand? WTO is really going on right now. Listen subscribe to impeachment today on the iheartradio APP apple podcasts. Or wherever you listen. Welcome to business on the brink of production Shen from iheartradio and how stuff works. I found out long ago. It's a long way down the holiday road and and six hundred thousand people learned that same lesson. When a famous travel company suddenly went out of business they.
EasyJet says it will operate net-zero carbon flights
"Europe's fifth biggest airlines announced it's going to become the world's first major airline to operate net zero common flights across its whole network bearing in mind that yeah travel is really in the sights of environmentalists as dirty and polluting that's going to be a big one Philip is here on the business as for the pension right you've been talking to them I have the alone will achieve this goal by offsetting the carbon emissions from the fuel used on all of its flights starting from today now it's done this at the same times it's come up with the tending souls to tell you about the endings news them the price of twenty six percent drop in net profit to twenty nineteen took down five hundred fifty billion dollars difficult summer of course Thomas cook situation making things very hard for Ole and lines I'm package tour operators right the way across the continent so I spoke to you have Lindgren who is easy chips chief executive officer awesome about both but I started out by asking to explain that plan for carbon neutrality so what we're doing if that's it from today we are all set thing older carbon emissions from our flights and that means that in in addition to everything else that we're doing in terms of reducing the carbon mission a pastor calamity which has been reduced by thirty four percent since two thousand we believe that we do more than any other airline when it comes to reducing our my meant to foot print but I must say also that we clearly recognize that that carbon offset thing is not a perfect solution is not to find the solution but it will help us to bridge two wars also getting into a new more exciting technologies like electric and hybrid flying which herbas just announced a couple of days ago that they're looking to have a hundred seater plane available on the market there is submission free from the twenty thirties so the this is the breaching step are we getting on to those technologies easyjet's also reported its profit today profit before tax plunged about twenty six percent taken to about five hundred fifty million dollars that said you were expecting a slight slowdown partly because of the Thomas cook experience over the summer so what is going on with easyjet itself well first of all I must say that I think we did a lot better than a number of other airlines out there it was a challenging year for the whole of European the animation industry and actually be looking at the performance that we had in the in the later part of the year the H. two we had a record results both in terms of profitability and then also in terms of the number of customers that we had and that was driven along by disabled help initiatives that we did a big focus on our self as being to reduce the cost for destruction which is delays on the cancellation and despite the overruled environment among the air traffic control centers around you're being unacceptable at we managed to reduce that calls by thirty seven million and and that is something that will suit improve the customer experience so so we've done a number of initiatives on our own to improve them and the foremost which means that we could then end up with or sold it wasn't the operand though the market guide them
Thomas Cook customers may wait two months for refunds
"Thomas cook customers might have to wait up to two months for refunds after the U. K. based travel company collapsed a week ago hundreds of thousands of vacationers were left stranded in foreign countries you may cancel flights at the UK's aviation regulator says three hundred sixty thousand do refunds customers who paid with direct debit will get the refund within two weeks but for others it could take sixty days there so more than forty thousand people abroad due to return by
Thomas Cook collapse leaves 150,000 stranded abroad
"Of Brits were stranded across the world after a major UK based airline and package tour company collapsed she just point in that the holiday SO end like this and new York's JFK airport flyer showed up only to learn their flight home was canceled we've been given information it's whole by any boxing in addition to New York the airline Sir five other U. S. cities two hundred sixty seven thousand people flew to Orlando alone in the last year Thomas cook specialized in low cost vacation packages but was over two billion dollars in debt British government declined to offer a bail out and new funding could be secured it is deeply distressing to me that the test results be impossible to save one of the most loved brands in travel the British government is no charter more than forty airlines to bring home stranded passengers the largest repatriation of its citizens ever in peacetime. Thomas cook was struggling as bookings had dropped due to a weak British pound and uncertainty surrounding brexit some one million people woke up to find that the vacations they had booked had now been canceled
"thomas cook" Discussed on Airline Pilot Guy - Aviation Podcast
"He was found negligent by court of Enquiry Ostra tanks skiing accident when Wolf finally broke out in nineteen thirty thirty nine guy was cold back from leave to our es Kempton in Lincolnshire to take part in an attack on the German fleet. The mission was aborted due to bad weather and the long winter of the phony war continued but then guy was sent on a mission with coastal command to attack a German U u-boat unfortunately one across dropped his bombs on British navy submarine instead which resulted in letters of censure gotta fly in all directions nineteen forties or real action and was one of the most intense operational period of Gibson's career. He completed the t four operations in five months and was earning himself a reputation a fearlessness particularly when flying in marginal weather is missions fareed from dropping minds in enemy harbours to attacking combat ships as well as attacks on ground-based targets hits in one thousand nine hundred forty he was awarded the Distinguished Flying Cross for showing courage and devotion to duty after some lieven even a short period working at an operational conversion unit training other pilots he was handpicked to transfer to night fighters he was posted to become a flight commander on Twenty Nine Squadron at Raf Digby Flying Bristol blooms and then both fighters the squadron Adron wasn't doing well and considered so ill disciplined that it was nearly disbanded. What small.
"thomas cook" Discussed on Airline Pilot Guy - Aviation Podcast
"Anyway it was it was I'm really really cool that they let us kind of crawl around in there and check the whole thing out and what else was. I going to say about that new friend Norma Arma Oh you find out about norma. Oh yeah little birdies. Tell me think oh I see mica yeah yeah. I was standing there a an older lady. The only ladies that really like me are really old. Ladies was walking up in the cane and you kind of brushed up against me. I'm not sure if she did that on purpose or not and and then I kind of made some kind of a Oh and then she goes she looked at me like with serious like Oh yeah okay we started talking and she started grabbing my arm and everything anything else. I'm thinking okay. This is a little uncomfortable but anyway that was she was from Where was she from Mica like old old town or something like that? Some are white like four hour drive north of St Yeah. The old lady from Old Town really sound to think that's probably they come from gas. I'm very happy about that old town that was right near Bangor Maine so it's way up there okay anyway yeah so thanks for for mentioning my friend Norma who by the way how she was kind of like the kids wearing she had like a purplish pink pink tinted blonde not blue no this was not a spike like purple like the millennials will put on their hair the different colors she was anyway on the social needs to and maybe she's listening you said earlier that can't can't call back right now but that was anyway. Don't worry about stuff because I'm yeah anyway so great time and after all of that we headed back down toward Portland and stopped in Gorham Maine at a restaurant Toront- that you might be familiar with staffers the Ocean Garden I believe is the name of the place where it's kind of a family restaurant seafood restaurant restaurant where they have they have a special deal on lobster one for seventeen to for twenty four and three for thirty four or thirty five something like that that's that's what Steph went four and I'm thinking the whole time Mica kept encouraging me to get three just as you did stuff and I said I'm not stuff and so I only got the to a lobster which was plenty by the way and so that was a lot of fun and by the way a gentleman that Nick probably will recognize his name Vernon trion former air traffic controller and certified flight instructor at Cetera et Cetera up Naples Smith Yup and over there in the UK and well he just happened to be on vacation with his wife Ruth and they were meeting gap with another couple that they like to take trips with to the can't re old Orchard Beach I think o b Ube and and so he contacted Mica to let them know he was going to be there and maybe meet up and it was he said it was just like gravy that not only was was either as well but also mack flight because he listens to the airplane Geeks podcast like we all do and so they all that force came over a medicine the ocean garden and we had a wonderful meet up and meal and I pulled out by easy easy five digital audio recorder and recorded this. We're here at the ocean gardens and Gorham Maine. It's again. Yes staff the place that you haag down three lobsters. I don't know how you did that because yes I don't know suit dear recognize his voice this Vernon retired. CFI and former air traffic controller from Fort Morgan Colorado and you're not in Fort Morgan Colorado on our you today we're in Maine. I think Gore remain exactly and yeah so we found out that that Vernon it was going to be out here with his wife Ruth and we came anyway. Yeah and I just don't happen to have over here. Max Light is here the a host and producer of the airplane Geeks podcast say hi Max. Hey hello everybody I'm full of seafood boy. The food here is terrific victor and it's highly recommended check it out. Well Max and Mike and I went up to Lewiston Auburn Auburn Lewiston. I don't know what the correct okay airport for a wonderful war bird demonstration display it was the wings of freedom tour with the collings foundation we got to visit with a B seventeen b twenty four twenty five p forty and p fifty one and what a treat that was able to do with you guys lots of letters and numbers and so we came back and found out that Vernon and his wife Ruth and their friends Brian and Carol we're we're here in town at the something Orchard Old Orchard Beach also known as Obi Obi and we decided let's all all get together at this place in Gorham and so here we are so again Vernon so nice to meet you in person you've sent a lot of feedback into our show and what else what else would you like to turn the turn signal off if you're on the side of the airplane and the light keep flashing being out there just remind the pilot to turn that cotton picking turn signal off don't hesitate to do that just ring the flight attendant call button until him to turn the turn signal off yeah and if you have an opportunity to see the collings foundation freedom of wings tour wings of freedom to that to that one is well mm-hmm highly highly recommended. It's a fantastic opportunity to see some of these old warbirds if you're of the mind to have a flight light in one you can do that but otherwise just bring your family. Bring your kids wander through the The whole bombers talked to some of the folks there we ran into some interesting people on the way including and not a ninety six year old be seventeen tail gunner. We had a great conversation with him but these kind of events events are always good opportunities to meet the interesting and fun people. Please be sure to tune in to the airplane Geeks podcast where you're going to hear from that very old tail gunner on that be seventeen and much much more and yeah highly recommend that you if you're ever in a place where they're touring it's it's a it's a great experience and with that unless anybody else wants to say anything it was delightful had a great evening thank you everyone and that's all from the Ocean Gardens in Gore main back to you jeff yeah. I thought you guys were laughing and just a little trouble with that one. I don't know why it was just like I. I can't get that darn name in my head anyway. I guess it has something to do with my van stage. Just GonNa get worse well. Oh well anyway so great time. as I mentioned three layovers this month in Portland Maine I don't I don't have any layovers Portland next month and if you want to check out where I'll Albee and where Dana will be please check out the AP G. Calendar on our website speaking of websites and APPs and all that Jazz I. I need to let you know that I've I've made a decision about something for for several years. Now we've had an APP that is available on your more device and your android device and at one point push notifications where we're working pretty well and consistently but we've had issues with that working working correctly over over the years and we've had several other issues behind the scenes that we haven't shared with you but it's Bene- struggle to kind of keep that thing running and it's it's something that's really cheap either. Having your own APP is not is not an inexpensive thing to provide for your community and so I I did a lot of thinking and I kept looking at our airline pilot a guy website on presented on the phone and the word I was looking for on the show when I was talking about the type of websites that are designed to kind of adjust to whatever device you're reviewing it on is called responsive and the Arash has made our website responsive which means that if you look at it on a on a telephone at its formatted specifically for the telephone for a tablet for the tablet et Cetera you get the idea and it has all of the functionality that the APPS have and without having to go to the APP store to download an APP and so I've have decided that we'll just go ahead and forget the the individual APPs not going to renew the subscription which is just a few weeks from now but again everything that you can do on those apps you can do on the phone or the Dang it. I keep forgetting. There's a the microphone yes three hundred ninety three shows but this is a little bit different. I'm standing on this What does this from the stand up desk and the and I don't have my so? I'm not sitting at my my normal position in front on my desk. That has a a really nice boom articulated boom. This is just a regular You know you've recognized this. I'm sure well you can't see it but it's the it's a regular microphone. Stand off to the side and I keep forgetting. It's their sorry but you can you can listen to the podcast you can watch the youtube channel. It'll actually can do more with the with the website than you can with the apps themselves and by the way I think the calendar presentation on your individual device is better are because it actually looks like a Google calendar than the experience that you have with the APPS. Let's see what else is your like waving your phone around. I'm just so nervous nervous that you're going to like lose your grip on it. Does it's okay. This is a seven through your television that would in the computer screen or something and cut off. I'M GONNA go ahead and southeast is bookmark. The sites he can easily accessible doesn't even better on I. I'm sure you can do this on android devices but I know for sure you can in an IOS devices when you're on our website on your phone or your tablet at at the bottom. There's like this little box with an up Arrow which is like the indication to do something up well. No that's not what what is therefore it's it's too like send send the page or whatever does something else or opened up this other APP that interacts what but whatever one of the items on there is has add to home screen and so if you if you select that what happens is it creates an icon of our of our show. I'm not sure exactly what it uses for. The Art probably whatever's on the screen at the time so that's kind of a little clunky but on your home screen on your device. There's a it'll be an icon just like an APP and if you click on the icon just as you do on a regular APP it opens up in your phone but what happens is it opens up in your browser but it's kind of like like a virtual APP basically and so I recommend that you do that go to the airline pilot guy website era. I'm there and then at the at the bottom you'll see a little arrow press. Take the top no not the thing on the side on the it's not it's like a box with a narrow and think okay yeah yeah so the very bottom menu and then you press that and it says like and says add to favorites at bookmark last pass well. That's what mine says and there's an item it says adds to home screen you click on android three little dots in the upper right hand corner and select add to home screen. How did you know that Steph? Oh Gail thank you Gil so there you go so now and now uncondemned. Put All our what.
"thomas cook" Discussed on Airline Pilot Guy - Aviation Podcast
"Hello. Did I miss something happening. Nick sorry that phone call I I tried to then you invested joking. I just was like fumbling with the keyboard and couldn't head to answer that hey good well. We kind of we finished our analysis of the news items excellent and I thought that thank you what you didn't hear thing and now I think it would be a good time to get into you. Get into now. Bow You not getting to like Hugh. I think the king and I yes it is from the king and I. Anyway so it's the section where we kind of get to know each other and find out what every one has been doing since the last time that I was gonNA say Lascaux but last time they were on the show and let's start with Dr Staff. Was I in England the last time I was on the show you mobbing. I think so yeah I she was because you weren't on the show last elsewhere. You were lost track of all all days and times here so yeah. I'd like to say that since I've been back it's been very relaxing axeing and calm and everything's been quiet and under control and we could we could go with that that phone call is representative of in my week two weeks actually yes. It has not been calm and has been quite hectic. The A lot of stuff happening changes taking place I details I cannot get into but anyone who's ever been in. Any sort of business ever knows that sometimes things aren't always smooth sailing from the business side of things. Thanks Oh let's just say that there's much afoot at the moment just in addition to everything else that we have to do with with work so regular patient look to see and some additional stuff on top of that so been very busy got home and you would think I would have a weekend after being out of the country to just relax and enjoy and chill and no I went to my cousin got married in Chicago last weekend so I flew out there for basically twenty four hours. had my brothers fly out there as well but I flew them through Charlotte so salt lake to Chicago via Charlotte that makes sense well. You got to get to go with them when they came through Charlotte. Yes Oh we all joined the same flight so I met at the airport and then we you know just piled in the rental car. Basically quickly dropped her stuff at the hotel went to the ceremony and then had a couple hours to kill kind of Nice we went to a local brewery in lemont lemont Illinois and a hung out with family for a few hours and then we were GONNA go back to the hotel and get ready for the reception just kind of you know clean up a little bit it and we were really close to where the towery grew up and my brothers had been there for a while and they said do you mind if just drive past the old house or the old elementary school or something just so we can see us. Yeah sure it's like three minutes away so we drove over there and as we were driving pass our old house the House next are former neighbors there's lady walking out front. I it looks I said Oh my gosh. That is our old neighbor. It's roll down the window and I yelled her name matters like Erica and she she turned around and she was. She looked at all of us. She's got this really confused. Look on her face because I think the last time we saw her was probably in one thousand nine hundred ninety five and I want to say she went to Yeah yeah so things change. I wasn't even sure if they still live there. Were still alive because they were gonNA say maybe either late fifties or early sixties when we lived there so that was quite a long period of time you don't know what happens in that timeframe so got out of the car and said eight now Stephanie's my brothers we live next door to you for you know however many years back in the ninety s and she's an all my you know and then all of a sudden remember exactly exactly who we were and we probably spent the next forty five minutes just catching up on everything. which was this really great? it was really sweet because I didn't realize my youngest youngest brother had spent a lot of time at her house with her just hanging out when he wanted to your kids 'cause my myself and my middle brother we were in school most of that time but he was pretty young and wasn't in school fulltime so he would just leave our house wander over to her house and hang out so that if they had a lot of lot of stuff to catch up onto a pretty fun do that and then we drove by the old elementary school and then we were suitably or fashionably late for the reception we never never stopped back at the hotels to kind of take it up a little bit we just went straight there. It was fine and Tigres time just catching up with friends and family and then and flew back home the next day and then back to work back to the chaos work our the flight work work work work or our the flights were good. I get my my upgrade requests so I left my brothers in the back and Eissa parental rights I yeah you know it should be right yeah exactly now there were good there. American Airlines flight sitting there were both on a three twenty one's I think I was asleep for most of both of them anyway as where the pilots the pilots very very you know going into o'hare on time. You don't like to O'hare o.`Hare really do my least favorite Chicago Chicago dogs or Italian we had we had Chicago hot dog. We had time to go there before for the wedding before the actual ceremony so we definitely need to eat is always done before that was sitting the lounger about our before I well my I like my brother's second flight to Chicago and had some yogurt and cereal and bagels and the bar doesn't even open until seven. Am Our flight was at set while boarding at seven. Oh five all we wanted was a drink seven. Oh five in the morning funds talking five o'clock somewhere probably yeah maybe like in the middle of the Pacific. That's always always fun to be with family. Yeah it was it was good. It was really Nice Nice Nice weekend but glad to hear that work has been so crazy work burke work work. It's really interfering the other fun things I wanna do in life but suppose at some point you have to earn your living rain. Guess not anybody does but most people do. I guess when you're independently wealthy you wouldn't have to sadly not the choice Chug Chug Chug Chug nickelback around drinking beer glad to I guess I missed you. Just because I didn't have didn't work with my schedule right yeah. It was kind of a hectic workweek that week as well and you had a whole bunch of stuff booked up so both of these weeks have just been bad so but anyway moving on okay okay good. I'm I'm well unhealthy and everything else is good. Families will good no complaints really excellent. Let's see data's not here here with us. He did have a meet up between lascaux which we was on and this show which is not and what do you guys think. Shall we play the the audio neo that he recorded or should we wait until he returns and then we can play Oh. It's probably pretty self explanatory. I think it is and I have listened to it. I think it is very self explanatory so without further ado this is what Dana has been doing since well and a lot more but this is a little bit of what he has been doing since the last episode sowed a Pg community this is Captain Dana here and I am sitting here at Metropolitan Grill and Kitchen Lounge in the Baltimore area. Actually Annapolis Maryland had a fantastic evening and dinner fortunately for change. I wasn't by myself head some company Anthony come join me and I'll let them introduce themselves as they normally will and when they talk to everybody but earlier I had the distinct to opportunity they have becky come join me. She drove alway down from Harrisburg Pennsylvania down here to Baltimore just to meet me and she just spent one hour. However had a little technical difficulty? The recording has been since ray so I don't have that so I have to apologize to that but Beckham sorry I hopefully can recover it somehow but if not have my policy even though that's what you wanted is it for not for us not to record that anyways without further ado I'm going to go ahead and hand over the microphone. I'm go ahead and I heard somebody's in the bathroom. might be coming back to the table. I hope he washes hands so here. He is greetings. AP Listeners. I am not in the bathroom. Cap'n Dana pointed out. I'm here at some really good friends. Some of you will recognize some of the names and faces or at least we can see can't see the faces is but you'll get the names and voices about that and so it's like a little little teeny tiny oshkosh reunion at the moment we met a lot of these folks in Oshkosh. I'm not gonNA talk about about who they are since they'll introduce themselves but it's been great to hang out with Captain Dana here's some of the stories and swap airplane hangar talk and airline talk and travel travel and a lot of other fun stuff and apparently the view behind me was really good because they were very distracted by some apparent. Apparently there was some pretty women behind me. That's the way I got a bad seat was in the bathroom. Actually when we sat yourself speaking of speaking of pretty women I hear this guy has a lovely wife wish they knew what they were laughing. Hey Listen Dan. My name is marks. was fortunate enough to eat Cap'n Dana two thousand nineteen air venture and great to you. Come grab a bite within town ketchup good food. Good friends always enjoy hanging out with these guys and I don't really have a good segue for you so I'm just going to hand you the microphone Loyd. PG Community this is Robert Hamish or if you ask Jeff Deck you can just call me deck thanks for that Captain Neck and Jaffe guys related a good job with that not a great night tonight nice to see Dana and he'll always nice to get marks out and do a little little good food here in Annapolis. I think we've got a pretty good record. Go in here where I never see Dane in the same place twice. I don't know where we'll be next time but I'm pretty sure it won't be in this state even if he lands in Baltimore Anyway.
"thomas cook" Discussed on Airline Pilot Guy - Aviation Podcast
"I did try the COM coal to sign craving few cows messages put gotten a definitive answer so that's what I'm passed on sold old good guys. We're GONNA be alright. I'm not certain I really did think so. You know the signs when something's not normal everything everything seems normal some announced on the Chitchat frequency. If there is any news about Thomas Cook nothing came out out someone said but doesn't look good easy guys. There are still some of US flying around here. Maybe I even said out loud land on the frequency that pressure transmit button so sensitive but I'm told my mind to wonder no more and we started concentrating on their rival briefings whether it was a bit murky in Glasgow with tailwind on the approach and this is a three thirty after all nighttime just before Sunrise Normal Day at work business as usual shoulder straps on approach controller wished wish just good luck so maybe not quite as normal. My colleague flew a great constant is an angle approach an anticipated faded all the usual pitfalls we saw the approach lights just above Minima and then he executed a perfect landing on runway zero five if and we vacated Vibrato Great Flight Nicely Done Robin stand three nine he kinda start realizing realizing when you're sent to remote stand it was only when we tax it pasta three eight three twenty one hs pumped underneath the tower strangely strangely stacked block each other what pill apartments like that with a yellow snow plow behind them. Is it winter already. Maybe it's just some airplanes with still taxing after all mind is playing the strangest reasoning tricks when options uh-huh front out and then I saw another plow part just to Bima parking position patiently waiting for us to chalk in there was night driver inside but I knew is not we shutdown checklists and I've done my last welcome home. PA CA steps attached dolls numb passengers disembarked only then I stood up from the flight deck Dole and saw all the crying crew with finds in their hands in the Galley Nathan our engineer walked in it's over mate. I can wax lyrical about the rest of my day doing all that I can to delay leaving that airplane behind touching the wheels the fuselage USA Lounge and all the stupid meaningless superstitious things we pilots to taking pictures those engine pitchers some some of us didn't have we suddenly had to take it's been amazing with all the support from passengers at pulse staff and just about everyone we've met I wore my uniform proud even though everyone felt sorry for us it's been hot breaking unsigned walking into the crew room with our equipment blocked by the liquidity security staff seeing seeing are impounded airplanes on the tarmac GTC X. C. Three thirty two hundred almost exactly in the same spot as I the Boeing seven fifty seven just read eleven years ago after my first ever flight him one I felt sick reading emails news stories but we supported each other even laughed until to master all those as we could and then parted ways we all have normal life to live a matters to urgently attend to it was only anyone I got to.
"thomas cook" Discussed on Airline Pilot Guy - Aviation Podcast
"Hey Captain Geoff. Sorry a mute myself there but it is great to be back took shows sorry I missed y'all last week and I should probably take your advice about Matt drinking carbonated beverages right before I can't wait to see you all morte it it loves to effort vests through your anyway. We're glad that you're back with us again stuff and also joining us from his studio in the English countryside professional photographer former RAF fighter pilot former captain for an international airline based in in London and currently one huge pain in the neck for his amazing wife Gillian Anderson Captain Nick well so long as it's just that's golly and not the the other end. We'll be lovely to be on the show again. Thank you very much. Dave and my wife is so understanding. She's already gone to bed good for her. She knows what's best. No all right. Let's go ahead and just start right away with the latest in in aviation news. Stay divide on you yeah and yeah we start off with very sad news. British tour operator Thomas Cook has ceased trading and all of its hundreds of thousands of bookings were canceled after the firm failed to secure rescue funding the British Civil Aviation Nation Authority the CA announced the firms collapsed early Monday more than six hundred thousand vacationers had booked through the company the CAA said the cancellations left about one hundred and fifty thousand British customers abroad and in need of repatriation or repatriation and they will be brought home as close as possible to their return date rescue flights run by a number of other airlines and charter by the way at British taxpayer's expense where to begin operating rating Monday to get Britain's back home the government's emergency operation code named Operation Matterhorn will aim to bring home Britain's currently on holiday with a firm according to BBC news which said that the first wave of reparations would be we. I'm sorry repatriations would be for about sixteen thousand people who were scheduled Joel to fly with Thomas Cook back to the UK on Monday just exiting from the news article here from CBS News Dot Com I would assume by now you know it's Friday record in the show that most everybody has made it back nick. Is that what the news is over there. Well quite honestly after the initial breaking news we haven't had a great deal more the occasional trickle but yet the the the flight SOM- progressing well they've been chartering crown from all sorts of airlines even eight three eight is so yeah people will be getting home even if they may be not exactly the APP of their choice Ozama being sent to web ons say in Scotland when they would have come home back to England but then they'll have to they may be best. They're given train tickets or some indicate to get to where they live but they map to find their own way but they're getting back to the UK and it seems to be released. Meanwhile organized and actually there were a lot of fears that hotel L. Operators. We're GONNA try and force the people to pay the outstanding amounts because goes the hotel operators normally a paid several weeks in arrears so they were out of pocket and anyway they thought initially to get their money okay was to sort of hold some of the holiday makers almost to ransom but the UK government the system. We have have the protects against these companies going. US or going down will refund the hotels so they just I need to make an application and it'll eventually be sorted on the holiday. Makers should definitely not need pay twice for the holiday but that's the sort of thing that's been in gang on and been in the news it'll take a few weeks before it soul complaints alum show when it has all been number. We'll get a bit of feedback from the Seir to see how it's how it's progress but so far it seems to be reasonably spaeth had some great stories from airlines who are bringing back some of the crews are on their normal flight so they are just finding room for the Ma in all sorts of places. I know that we have a virgin region Atlantic aircraft that had recently empty upper class seats and so they basically get almost an entire Thompson the crew on board and gave him class flight home which I guess was a nice thing to do not only do they get home but they had one last chance to relaxed and enjoy the flight before they realized that they were getting home. There was no job captain atmos- Thompson correct just yeah Thomas Cook Okay Yeah. I'm sorry Oh that's news to Thomson and that's okay if anybody's watching and you mentioned the the hotel travelers are potential problems with hotels in this article it says at several British vacationers told UK News outlets over over the weekend that the law all wrong Jr beach resort do stuff laura. It's travelers affected so scroll down a a little bit a beach resort layoff Ranjha beach resort in the Tunisian town of Hammond. I'm okay near Tunis had demanded that guests who are about to leave pay extra money for fear it wouldn't be paid what it was owned by Thomas Cook and they said that a security guards came in and shot the hotels gates and were not allowing knowing anyone to leave it was like being held hostage said one of the travelers who was due to leave on Tuesday. He said he would also refuse to pay the hotel asked him but anyway I think they got that all worked out and Captain Allan the trap remix great point that I guess if these travelers had just started their journeys their holidays that that they continue to enjoy their holiday and they don't have to come home right away they can the transportation back home will be arranged so they don't have to come back any earlier than what they had planned so that's guess the CIA trying to organize their return flights to match their original flight so so hopefully they will still be able to enjoy the holidays and then come apparently the company was seeking two hundred million pounds which is two hundred and fifty million or so to avoid going bust and was in talks with shareholders and creditors to stave off the failure by Monday morning. Those efforts failed in the firm was going into forced liquidation really sad. This company has been around since eighteen forty one is the world's oldest travel company and it has no more very very sad and you also mentioned neck that many of the aircrews were affected by this obviously and captain l. sent us some communication from one of these first of all. Let's give a big shout out to an AP community community member Listener Gaz who has previously Santos in feedback on the show and we are our thoughts and prayers are for you that you quickly get back on your feet and find employment as soon as possible so just wanted to let him know that we are thinking about him and the this was from a crew member that was out on a trip when the shutdown occurred and his name is David Das do so dill born or dismantle. Dos Ud L. and was on his facebook page or a facebook page and I'm sure he won't mind if we read his account of what happened while he was on. This trip in this wonderful company went under and I think nick you that'd be the best to read this. If you don't mind by all means Jeff the saying goes that burden. Shed is a burden Hav. I I think there's a great truth in that. So here is my story of the Last Day of Thomas Cook the twenty third of September twenty nine teen income and one of the the last three Eb on flights into the United Kingdom the best company I've ever known and quite possibly had a pleasure to be Parnell it. It was an unusually quiet layover in Orlando beloved to Florida Hotel. The usual warm cook is on arrival. Everything ready for us this warm welcome from the episode friendly staff. Most of US did a bit of shopping and then met for dinner. Honoring Crickets Lofton Moaned wiry it together as we always do and then went to bed. It wasn't the best sleep of my life. How will I look after the crew and passengers tomorrow with zero zero information and support from the company? What would everyone think? How will they sleep how they feel tomorrow? Will everything be normal. Would we even be allowed to leave. And how do I keep it below twenty without that bloody noisy heck we met downstairs at fourteen thirty local five hours BETINE BEHIND UK time the inbound flight is a Li a no plan delays flight plan is in the system take shoes wiring no thames he even the weather is good eight hours flight time disappointing and in a little bit of turbulence around Newfoundland so I promise we'll deliver seven fifty nine and it's going to be mostly smooth. We're supposed to leave you too as later on that was strangely reassuring. It's Sunday by midnight. UK Time we should be far away a of the United States ceased and people nothing ever happens before midnight scholley. Let me get through the airport to our airplane. The cleaning was done emotionally. Fuel was already on passengers ready with still more than an hour to hunt. I mean are we really in Orlando. Endo both shown and dean great engineers were there. Perhaps a bit unusual but in retrospect. I'm glad they were. We've John Everything is usual and being ready well ahead of time early. MCI Departure Shoddy not that would be a historic first. Everything was so painfully normal ordinary so we shook hands with the handling agents and engineers and parted ways words of positive encouragement and the usual see you in a few weeks but you Kinda know and see it on people's faces the the uncertainty and wire he's checking their fines and looking for news so many questions and no answers captains they they surely have answers for everything and I thought if ever is there if ever there is a moment to stand up in front of everybody and reassure Shaw in person this is probably it so I stood there in front of three hundred and four people and ten of my crew struggling with the Intercom headset and trying to put into words what was on my mind tried to smile and joke and reassure everyone and wished company. We Love John Mena bubble where it professionals to a coal unfair soul. It's just another day in the office Jason Business as usual. I knew their great team even though I met most of them for the first time in my life there Thomas Cook crew after after roll. I don't really remember what I said in my eastern European accent and if it made any sense to mostly Scottish audience I was emotional. I was probably crap at hiding it whole I remember were the people's faces mixtures of smiles and sadness sadness and misty is all around nodding heads and the clapping at the end of it so maybe just maybe made something better we got clearance pushed early waved and thumbed upon goodbye buddy how wise everything so normal and smoothed moved. Why are there no feds trying to stop us? We really gain to get through this. I don't know why but I had this feeling. I want the film everything what if this is the last time I'll flight was as normal as can be Ni- weather over Florida reroutes reroutes the ATC cold us more Kestrel than Thomas Cook further west in land route was even we've we've even been labeled as at transit once.
"thomas cook" Discussed on Airline Pilot Guy - Aviation Podcast
"Gillis pilot view from all side of the door the airline the Guy Airline pilot guy episode three ninety-three line and you're listening to the airline pilot guy show the view from our side of the cockpit door your host Captain Jack Broadcasting Live from in studio one a eighty headquarters in Roswell Georgia. Today Joe is reported on the twenty seven to ten ninety nine in today's episode Hunkin Fifty Thousand Travelers is stranded when Thomas Cook goes belly up and why a Delta flight made an emergency thirty thousand foot descent wore news your feedback and in today's plain tales upgrade one day Lou to get all settled in tray tables and seek bax in the upright and locked musicians electronic devices power on. I'm Radio Roger Flight Three ninety-three is ready for pushback. Hello and welcome to the airline pilot guy show. It's an aviation aviation podcast where we cover the latest aviation news and answer your feedback and by the way thank you Roger Radio Roger Stern for that great intro. He is an Emmy Award winning. TV and radio reporter currently at the number one news station in the New York City market ten ten wins so we always appreciate headed when you do that for US Roger and here to help me cover the news and answer your feedback are from her lakeside studio in South Carolina a Doctor Skydiver Marathon runner strength training junkie. Ip connoisseur you're and commercial multi engine instrument rated pilot doctor stuff..
Thomas Cook collapses, leaving thousands of travelers stranded
"Britain's Thomas Cook collapsed on Monday stranding hundreds of thousands of vacationers around the globe sparking the largest peacetime repatriation of her in British history. What happened crippled by its one point seven billion pounds of debt. The company which dates back to eighteen forty one has been hit by online competition a changing travel market higher fuel prices and uncertainty surrounding brexit news also sit rival travel operator T U. I shares up nearly eight percent in London while low cost carrier Easyjet rose five percent
Thomas Cook Collapses, Leaving Thousands of Travelers Stranded
"Thomas cook boy gone ways zombie also yeah not quite gone but not not really flying selling tickets no one really knows why it's yeah pardon my french a leseur is gone and adria airways is going going man it it has been a week you know that typical gift from the movie airplane the guy sniffing glue yup it it's it's been that kind of week it's been a very very long week for european airline and everything so from the top thomas cook over the weekend this past weekend the warning bells were starting to the warning bells of bengal offer for quite some time yeah the writing has been on the wall for thomas cook for quite some time and they were hoping to get a last minute deal to the salvage everything i think two hundred million in pounds or euros a much which but unfortunately that did not happen yeah so so the there was a refinancing agreement recapitalization agreement the they had agreed to for nine hundred million pounds and then almost the last minute the banking partners partners that they were working with asked for an additional two hundred million pounds and dow is just too much so come monday at two AM local time thomas cook look UK stopped stopped trading effectively stopped everything stopped everything was was dissolved the airline flights that were in the air continued and the u- united kingdom's civil aviation authority began what they're terming the world's largest peacetime repatriation effort yes so the UK has has a particularly on bankruptcy procedure would basically win a company declares bankruptcy that's all she wrote that's it all activity stops nothing goes on business business comes to a complete close as opposed to the elsewhere in the world like the US said every airline almost every airline has been through a reward our chapter eleven bankruptcy at some point to get their financials and debt in order and they keep operating on but in the UK you declare bankruptcy that's it you're done and it got to the point where it was literally there was a fight in the middle of were about to begin boarding at JFK this was the last flight out of north america for thomas cook for today the bags have been loaded on the plane there was a gate agent they were just about to begin boarding and that's it went out of business no no fight for you yeah i mean in even if it's to the credit of the UK CA they got those folks on a plane with i think what was it a six hour delay the flight was supposed to take off at ten pm for thomas cook and they ended up taking off at four AM which is an annoying delay but no worse than your every now and again norwegian fight i guess so i mean all things considered your airline going out of business typically you don't get to fly home that day on a plane so that was really well done by them in this case they happen to position and atlas air seven four seven four hundred already at JFK i don't know why it took so long to get things going 'cause aircraft there for twelve hours ahead of time but the the mere fact that they got out the same day extremely impressive in the the repatriation efforts by the UK CAS been no less than in a vast array of airlines you may or may not have heard of before did there so there's the ones that are most notable probably league for the virgin atlantic british airways they are putting passengers on their existing flights out of the US putting people into what would have otherwise been empty seats in getting them home for folks in europe there are all sorts of random charter carriers euro-atlantic hi fly develop free bird privilege style danish air transport get jet atlas global olympics which is actually operating an ex monarch eighth hr twenty one as part of the repatriation efforts so there's kind of i don't know what that would unique irony aurigny maybe nouvelair and my personal favorite monolith ero nice i think some of these fights are actually also operated by thomas cook aircraft itself a lot at the peak summer season thomas cook uses are either wet or dry leases aircraft from other airlines paints in their own livery so you'd never know those aircraft flying right so there's two airlines that were that were operating for thomas cook was smart links out of i the leaves estonia and then the other one is avion express and they are both thomas cook liveried lead aircraft but they are operated by their respective airlines and so they've been continuing part of the repatriation efforts i missed in their high fly i think and i apologize for that but there's also the malaysia airlines eight hundred eighty eight three eighties and then the montero they're operating the three forty six hundred which is a former eddie had aircraft ad is a sweet ride for when your airline goes out of business so some folks getting not to put a a light touch on it but some folks are getting a an improved experience somewhat to get home but it's still a terrible situation in in that goes without saying anything about the fact that you know tens of thousands of people are of work but it's been really good to see other airlines and in the UK and train lines and all sorts of service service businesses say if you worked for thomas cook you know were hiring here's a special page tell us what you do what your qualifications are and we'll see if we can bring you over as quickly as possible so that says something we've seen in the past when when an airline goes bankrupt but it's good to see that hopefully a large number folks who who working for the airlines will will find a place somewhere else now really unfortunate or a lot of very very very passionate people working for thomas cook which is a very historic brand the airline wing of the brand may not be the oldest in the world but thomas cook travel is brand itself has a lot of history history and it's really disappointing to see it kind of all evaporate overnight
Germany: Condor to keep flying thanks to government loan
"Center despite its parent company collapsing this week condor airlines will continue flying between Phoenix is sky harbor and Frank for Germany condor is part of the Thomas cook companies and which of course ceased operations on Monday straining a lot of people in a lot of places but the German government is bailing condor out with a six month
Aviation Reporter - ARJ-21 Regional Jet
"First item comes from seeking Alpha. This is China starts attack on Boeing and Airbus. Wow sounds pretty dramatic well last week. We were talking about a Chinese aircraft Raffin. We went off on the C. Nine one nine but I think what we should have said was the regional a Rj twenty-one jet because that's the one that just I received an order from both China Eastern Airlines and China Western Airlines for the A R J twenty one dash seven hundred regional jets. Let's these courses come from Kodak the Commercial Aircraft Corporation of China. Here's Komax nutshell they we started with the A. R. J. Twenty one regional jet which is kind of like McDonald Douglas. MD Eighty or ninety and this is kind of the first step step in the Chinese airframe industry trying to build itself so it starts with the A. R. J. Twenty One and then of course we've we've talked a lot about over the years about the c nine one nine and that's the narrow body which is in the Boeing seven three seven slash slash a three twenty class of aircraft and then as I mentioned last week there's also the C nine to nine which is a long long range wide body two hundred and fifty to three hundred twenty roughly passengers but actually what we've been calling the Z ninety nine is now called the creek CR nine to nine. I guess that's Craig C. R. AIC because that's a a fifty fifty joint venture between Komax and the Russian United Aircraft Corporation and that that venture was launched in twenty seventeen so comeback is is kind of struggled a bit to establish itself not only with the with the c nine one nine but going going back to the A. R. J. twenty-one I guess they've had some certification issues as the Chinese aviation industry has begun to learn how to do that on the global scale. I guess deliveries for this A. R. J. twenty-one original jet are scheduled to begin next year in twenty twenty at some point and then run through twenty twenty four that those are the deliveries to China Eastern in China Western. The Chinese are I think they have a lot of patients and it's been a great many years. Since the you see nine one nine efforts started not to mention the Air Jay twenty one but like I say they're they're patient and they're moving ahead slowly these orders for the regional jet from the Chinese airlines sort of breathe a little bit of life into that program so that's good something it's not so good this comes from ABC Web one hundred and fifty thousand stranded by Thomas Cook Collapse Thomas Thomas Cook Airlines and the parent Thomas Cook Group filed for bankruptcy and reportedly there are one hundred fifty thousand the customers stranded throughout the world who suddenly have no tickets back home. not a not a great situation relation. If you're out there with your family vacation you know I didn't know that much about Thomas Cook but I I always thought Gr a travel agency but no they are an airline not a huge airline looks like their fleet size was about thirty four pretty hard to believe that with you know that mini airplanes you try that many people but yeah it's you certainly incredibly inconvenient for for all those folks Tom. Tom What you know about the Thomas Cook. Oh we did a ton of coverage on this today like like I said I'm risking in business analytics. relics is our parent company. They're based in London. They did a ton of coverage on this and one thing I thought was really hilarious. Is that this the British British government is going to be playing a lot of their government staff to help people who are already traveling to work with employees of the company who you need to get paid. They're calling it operation matterhorn. This is the codename or helping clean up the mess of Thomas Cook You you know that and they're they're really trying to figure out what happened here. There's a lot of you know there are people who haven't left yet are not affected. Just don't get on on the plane but if you're already travelling they don't want you to cut your travel short. They want you to leave as quickly as close to departure date that you originally had as possible so there's a lot out of logistics going on here and you know talk about the data we've got we found out that a lot of the planes they had all Airbus Fleet they had forty gate Airbus planes and almost all almost all of them were run by lessors so air cargo Germany and or Lease Corporation are the most affected by this so yeah there's going to be you know that to find homes for these jets has right. It's not just the problem of well. The company going bankrupt or the customers are inconvenienced but yeah then you've got these leased aircraft and like you say have to find a home for the Mau I know that bankruptcy has a different meaning in different countries of the world for those are the United States were kind of familiar with chapter eleven. We call chapter eleven bankruptcy laws which is something. That's really different than what's available in other countries Greece under our chapter eleven accompany can declare bankruptcy but the company can be reorganized restructured debt can get cancelled if it's a generally in the in the public good that the company survive and a court overseas that process but a lot of other countries don't have that and when a company declares bankruptcy. That's it it's gone. It's done and I don't know what the U U. K. Bankruptcy laws are like if that means that Thomas Cook is gone for good or if there's any possibility of a revival somehow how but someone is more attuned to European bankruptcy law maybe could help out well. They are declared officially declaring insolvency and our resident historian here the government is comparing it to the successful repatriation of passengers after the collapse of Monarch Airways and they said the final cost is going to be about twice as expensive which could be one hundred billion one hundred million pounds you that doesn't but that that's British nationals there other other nationals like people from the United States and France who they're on their roane. Britain is repatriating anybody that is a British national but it's my understanding that anybody who who was flying Thomas Cook that was not a British national is out in the cold on their own even though they might be on a tropical island in the Caribbean and that in itself I think is fascinating if you think about an airline going bankrupt in the US I highly doubt that the US government is going to go try to fix that. I I think other airlines would probably offer discount tickets and things like that but I mean that's really kind of remarkable that the government steps in to kind of rescue people from around the world.
How Global Air Travel is Adapting to Fit Consumers' Needs
"We've been hearing in on news bulletin. What about the new giant airport in China designed by Zaha Hadid. What more can you tell us right so this is obviously a very striking airport. If you've seen the images looks really incredible especially from the air and it's designed to make a real statement in about China's aviation ambitions and the fact that Beijing is one of the biggest markets for aviation in the world what's interesting about this airport will open next week leave leave and but some flights will still operate at the old capital airport which is not even that old itself so although Beijing Capital Airport was on its way to becoming potentially the busiest first airport in the world by passenger traffic now. It's going to be split so no one Beijing airport. We'll take the crown anytime soon. It looks like now Thomas Cook. I'm I'm not sure whether that flies directly into Beijing or not but of course the news about the collapse of Britain's oldest travel company has rocked the world yeah right and that's been that's been big news this week and somewhat overshadowing the Thomas Cook laps which resulted in one hundred fifty thousand people stranded branded another carrier French budget carrier much smaller called Excel Airways also stop tickets days citing financial difficulties. Tis and we're seeing this sort of situation now where things are in flux. Some of the big airlines are making lots of money other airlines especially the long haul low cost airlines the ones that are trying to do charter operations. That kind of thing are really struggling. We keep hearing that Norwegian which is a huge long. Haul low cost operation. They're running out of money and and may fail at anytime so far. That's not happened but it would be a big deal if it did so. It's a time of sort of big change. In the sort of especially long haul low cost airline industry now. The airline that collapsed was Iceland's while right while collapse was what happened earlier this year and it was another one that kind of grew meteorically all these flights everywhere was doing great and then all of a sudden really wasn't and showed that this business model. Maybe maybe doesn't work so well and oddly now so in the past couple of weeks. We've heard that it's going to be resuscitate basically by an American business woman who's going to inject a bunch of money and start start flying while air again but only between Washington. DC and Reykjavik this winter so it's got a lot of people puzzled. They're not sure exactly what the business plan. Is there or why you would want to resuscitate that airlines airlines specifically but it's happening basically an extraordinary reached. I mean can they be enough traffic between the two I would imagine not and of course this is Linda. Which is the older carry? That's been around for years they have they have that traffic pretty much covered so it's really unclear what wow air is going to offer it to sort of pick off that the the traffic there especially in the winter when there's not that much travel to Iceland yeah so it's tricky Let's have a look at Hong Kong airport now. Because of course they have been having many many many troubles with the demonstrations that have been happening there right so because of these demonstrations in Hong Kong passenger traffic is way down in Hong Kong and that means as a lot of airlines have had to either cut flights or change airplanes to smaller planes and they're all struggling trying to make money on their flights right now. They expect that this will no this will not last forever but for the moment. It's very difficult so what's happened. Recently is that an organization representing the airlines that fly in and out of Hong Kong has asked the government and to waive airport fees and give other concessions so that they can basically ride out this period and not incur such heavy losses and still continue to fly on. It's very interesting to look at the organizations that do guarantee the payment for both airports but also for passengers particularly in light of of the Thomas Cook collapsed and various other small airlines going under being at all protected or having some kind of insurance has never been so important yet seems so it seems that these days it pays to to make sure when booking as well you know who you're booking with and that you are covered and all that but is there enough protection actually for the consumer I think for the most part there is there probably examples where there are not. I know I would say for the most part there is protection you know for example with the Thomas Oskoui situation but yeah I guess there could always be more especially as things get more volatile fuel prices rise as as as we head into times of more uncertainty maybe well well of course the rise in fuel prices might have had an impact on the Frankfurt Motor show it's just winding up and there was a drop in attendance. Yes yes a significant drop in attendance. A few hundred thousand people less over the course of the show then then in the previous iteration which was two years back and this is a theme. That's been being being talked about at motor shows throughout this year. I was at the Geneva Motor show earlier this year the same issue a number of car companies decided not to even exhibit their cars. you know attendance was down. The feeling was that the traditional motorshow was becoming somewhat less relevant or even irrelevant in some people's opinions and that's down to a variety the factors the car companies looking to sell their cars or debut their cars in different ways in different places reaching people in different ways and there's also the environmental consideration some of these mega huge supercars with massive engines. It felt a little a little tone deaf. Given the world is talking about and worrying about I mean. Are we seeing a massive frozen electric cars electric cars are huge theme of this year's motorshows in Frankfurt. There were also a number of really high profile aw debuts of electric cars including from top end brands like Porsche a new volkswagens but the car companies are hoping that this is going to kind kind of help resuscitate there on imagine and get people interested in cars again in a way that they seem to be less so but but what we saw at Frankfort was that it didn't quite quite make up the difference. It didn't quite make the splash that they were hoping and finally Gabriel. I mean there is speculation that some of the big shows will cease to exist altogether. Yeah there has been speculation. Speculation actually look how attendance has been dropping. I think probably when I spoke to the people at Geneva motorshow they were talking about how they can kind of you know change and evolve and reinvent themselves to be more relevant and they're all certainly thinking about this being really active about working at how to be relevant in the years to come but there there are people who are saying look if it keeps going this way. There's just there's just not going to be a reason for these to exist
Britain to operate 70 flights to bring back people after Thomas Cook collapse
"Britain's civil aviation authority says the more than seventy flights are on schedule today an effort to bring back over sixteen thousand people that after the collapse of travel firm Thomas cook when the company collapsed on Monday figures showed had about six hundred thousand people working abroad at hotels resorts an airline. the UK's aviation regulator launched the largest peacetime repatriation earlier this week to bring people back
Britain to operate 70 flights to bring back people after Thomas Cook collapse
"You now on that whole Thomas cook fiasco of the civil aviation authority in the U. K. this more than seventy flights are on their schedule today to bring in about sixteen thousand people after the collapse of that firm with it went down on Monday figures show they had about a half million people working abroad at hotels resorts in airlines the UK's aviation regulator launch the largest peacetime repatriation earlier this week to bring everybody back
Thomas Cook directors could face inquiry as rescue effort continues
"And these are considering launching an inquiry into the collapse of Thomas cook members of the Commons business committee discussing it's off to criticism of the pay received by both his as of funds debts amounted sixteen thousand holiday makers are being flown back to the U. K. today from results on seventy four special
After Thomas Cook collapse, U.K. launches largest peacetime repatriation operation
"Britain's biggest repatriation effort since World War two ramped up today as questions swirled over the pay that Thomas cook executives received in the run up to the tour operators collapse as uncertain Thomas cook customers made their way to airports around the world Britain's civil aviation authority said it brought what fourteen thousand seven hundred people back to the U. K. on sixty four flights Monday about ninety five percent of those book to fly home that day a further one hundred and thirty five thousand passengers are expected to be brought back on rescue flights over the next thirteen
Countries scramble after Thomas Cook collapse strands travellers
"They've been left stranded because of the collapse of Thomas cook cook this is a major travel nightmare Thomas cook the oldest travel company in the world abruptly shutting down overnight on Sunday stranding some six hundred thousand people around the world right now the United Kingdom civil aviation authority they are working to bring back about a hundred and fifty thousand British citizens there and right now they are stranded in about eighteen countries around the world a number of citizens from France from Germany stranded as well no word yet on exactly how many Americans might
Thomas Cook collapses, leaving passengers stranded.
"Coming up on the news a Thomas Cook Airline in collapsed triggers largest peacetime repatriation in UK history Boris Johnson declines to comment on claims he awarded what is public funds to a friend and UN chief urges action to make Earth Carbon neutral by twenty fifty. It's Monday September twenty three. I'm Anthony Davis. A British tour operator rated Thomas Cook fell victim to multiple setbacks including shifting travel habits the rise of online booking sites the sinking pound and even unusually really hot weather that encouraged few northern Europeans to travel specific problems of its own like a one point six billion pounds debt pile made it less able to to react to change it all added up to a perfect storm that leads the one hundred and seventy eight year old company to cease operations. Elliott this morning stranding ending hundreds of thousands of travelers analysts said Thomas Cook which wrote a package holiday boom that started in the mid eighties was too slow to react as consumers huma moved away from buying trips bricks and mortar stores. The company did push into online business with forty percent of its bookings coming from the Internet has of last year yeah but not fast enough online rivals. Meanwhile didn't have to bear the costs of owning two hundred hotels five hundred travel agency shops and one hundred five airline jets but acted as middlemen but other factors late into the British travel company also company officials have cited uncertainty over Brexit Brexit' both from consumers worried about its impact on their finances and from the timing given that one unfulfilled deadline for Britain to leave the EU fell on March Watch thirty I just days before the heavy European Easter holiday travel season this year after twenty ten the Arab spring revolts discouraged travel to previous is UK favorites such as Egypt and Tunisia more than one hundred fifty thousand customers are currently stranded abroad leaving the UK government to to carry out what Foreign Secretary Dominic Robb calls the biggest peacetime repatriation in UK history. The job of bringing Thomas Cook customers estimates home falls to the United Kingdom Civil Aviation Authority who says the number of travellers being brought home is unprecedented. The agency says it has secured a fleet of aircraft from around the world to bring the passengers pack. Comores Johnson has repeatedly declined to comment on reported allegations he failed to declare close personal links to an American woman who received thousands thousands of pounds in public business funding while he was mayor of London the Prime Minister refused to answer six questions today about his links to Jennifer or curry curry a US technology entrepreneur a company run by curry received access to money to assist business as well as places on trade trips at times following the intervention of Meryl officials. It's also reported that Johnson was at the time a regular visitor to our curry's east London apartment and and that she described him at the time as one of my best friends the report said are curry's most recent company one one hundred thousand pound and government cyber skills grant intended to assist UK firms even though she has now returned to live in the US the Department for Culture Media and Sport Bolt has confirmed. It is investigating how the money was awarded. This isn't the first time Boris Johnson is accused of financial mismanagement during his time as man he famously spent millions on a new bus for London. That was less efficient than the ones. It was replacing. He builds a cable car that nobody used and commissioned Asian to garden bridge that cost fifty three million pounds despite never being built well leader after world leader told the United Nations today they would do more to prevent a warming world from reaching even more dangerous levels apples but as they made their pledges they conceded. It was not enough. Sixty six countries have promised to have more ambitious climate goals and thirty ETI swore to be carbon neutral by mid century heads of nations such as Finland in Gemini promised to ban coal within a decade Donald Trump dropped by by fifteen minutes listened to German Chancellor Angela Merkel's detailed pledges and then left without saying anything and even before world leaders made their promises is in three minutes speeches sixteen year olds climate activist Greta Tune Burke in an emotional speech chided the leaders with the repeated phrase. How how dare you this is all wrong. I shouldn't be up here. Tune Bug said I should be back in school on the other side of the ocean yet. You have come to US young people. I hope you have stolen my dreams and my childhood with your empty words. We will not let you get away with tune. Berg said right now is where we draw the line. UN Secretary General Antonio Guiterrez opened the climate action summit by saying Earth is issuing a chilling cry. Stop Gutierrez told world leaders that it's not a time to negotiate. He said the world can hit it strictest temperature goal but to act to make the world carbon-neutral literal by twenty fifty you can subscribe to the news with your favorite podcast. APP Oskar Smart Speaker or enable the news as your Amazon Alexa Flash briefing skill follow us on twitter at the news underscore podcast. The news news is an independent production covering politics inequality health and climate delivering honest verified and truthful World News daily.
"thomas cook" Discussed on WNYC 93.9 FM
"The return date Thomas cook officials say that uncertainty over brexit is partially to blame for a decline in bookings in recent months this is NPR news from Washington. the national hurricane center is tracking tropical storm Karen which formed in the carribean yesterday it's heading toward Porter Rico with winds as strong as forty miles per hour forecasters warned there could be flash floods and mud slides the US department of labor is proposing changes to migrant farm worker visas that would allow companies to reduce wages Jorge Valencia reports from member station KGH ZZ the labor department says it wants to remove unnecessary burdens on farm owners that includes in some states allowing them to pay lower wages and to have worker living facilities be inspected less often have you been yet with the center for migrant rights says that increases the chances of workers living in squalid conditions inside houses are overcrowded the high there are can people living in one room not everyone has. and this is not only wrong it's also legal the top states with migrant farm workers include North Carolina and Washington the labor department this taking and put through the federal register for NPR news I'm Jorge Valencia in Mexico City the Emmys were awarded last night game of thrones won for outstanding drama series will flea bag won for best comedy it's star Phoebe Waller bridge won the award for Best Actress in a comedy series the best comedy actor award went to bill hater Billie Porter was Best Actor in a drama Judy Comber won Best Actress in a drama I'm Nora Raum NPR news in Washington. and I'm Richard hake on WNYC in New York world leaders are in New York this week for the annual UN General Assembly and that means street closures and major traffic delays in Manhattan W. N. Y. C.'s lance lucky has the details First Avenue between forty second forty eight streets will be closed all week along with forty four through forty sixth.
British tour operator Thomas Cook goes bust and cancels all bookings
"News British tour operator Thomas cook has suddenly ceased operations and all of its hundreds of thousands of bookings canceled after the firm failed to secure rescue funding more than six hundred thousand vacationers are now described as stranded or on their own with airline flights and hotel bookings now their responsibility the British government which refused a last minute financial bailout request from the one hundred seventy eight year old Thomas cook company is organizing what is described as a major repatriation effort to get at least a hundred thirty thousand British customers back home there's no immediate information on how many Americans
Plane Carrying 326 Passengers Diverted After Pilot Spills Coffee
"Plane carrying three hundred and twenty six passengers diverted after pilot spills coffee it doesn't say which pilot doesn't mhm wonder transatlantic flight was forced to divert to the republic of ireland because a pilot spilled a cup of coffee on the aircraft's controls it has emerged according according to the air accidents investigation branch the airbus three thirty dash to forty three operated by condor was traveling from frankford in germany to cancun mexico on february six when it was forced to jettison fuel and divert to shannon airport the forty nine year old pilot who has over thirteen thousand hours of flying experience have been given a cup of coffee without lid by cabin crew and accidentally knocked it over as the plane was flying over the north atlantic ocean caring eleven crew and three hundred twenty six passengers some of the liquid spilled onto the audio control panel which became very hot and produce smoke and a burning smell the damage caused significant communication difficulty for the flight crew and force them to wear oxygen masks masks report said the equipment became so hot that one of the buttons on the control panel began to melt which prompted the the pilot to divert yeah that's getting pretty serious when things are melting on your control panel on the air accidents investigation branch said the there were no injuries and that the airline had since since changed its procedures to ensure couplets are provided for flights and all routes the operator also issued a flight crew notice reminding pilots to be careful with liquids a spokesman for condor part of the thomas cook group told CNN in the statement light to one one six from frankfurt to cancun on the sixth of february tony nineteen diverted a shannon as a precautionary measure due to a minor amount of smoke in the cockpit after a liquid spillage and the goes on to talk about the fact that they investigated the airplane everything was okay they mopped up the coffee and all is good in that they apologize for any inconvenience or the guests tests on this flight
British aviation authority says tour operator Thomas Cook ceases trading, cancelling hundreds of thousands of vacations
"One of the world's oldest and largest travel companies has collapsed British authorities say Thomas cook is no longer trading forcing the cancellation of its flights. stranding hundreds of thousands of vacationers around the world the civil aviation authority this issued a statement saying it's attempting to bring people home as soon as possible the company runs hotels resorts and airlines for nineteen million people a year in sixteen countries this is NPR news from
British aviation authority says tour operator Thomas Cook ceases trading, cancelling hundreds of thousands of vacations
"In straddle from Thomas cook group has filed for bankruptcy talks to raise additional funding failed in the face of dwindling profits and a pile of dead tens of thousands of British tourists are now stranded across Europe the one hundred seventy eight year old company became one of the UK's best known
"thomas cook" Discussed on Bloomberg Radio New York
"Says he's decided against a military strike on Iran for now on Christopher and I'm Susanna Palmer from Bloomberg world headquarters. Saudi Aramco repeated its commitment to bringing oil production back to its full capacity by the end of this month chief executive officer on the announcer says the company will restore five point seven million barrels per day the amount that was knocked out by recent attacks on the kingdom's oil facilities hopes for a bailout for the UK's Thomas cook group are fading the times of London reports the UK government is poised to reject an appeal from the tour operator for a rescue shares in Thomas cook tumble twenty three percent yesterday after it said it would require two hundred fifty million dollars in additional funds heading into the autumn season when travel firms spend more than they earn Toronto dominion bank did what other banks would dot E. D. accepted accounts belonging to a convicted pedophile I'll Jeffrey abstain Bloomberg has learned of this happened earlier this year after Deutsche Bank severed ties with abstained abstain alleged crimes and unclear sources of wealth of sparked efforts to trace his money across the worlds of finance academia and philanthropy abstain died in prison in August post holdings filed for an initial public offering of its nutrition business that includes power bar another high protein brands or from Bloomberg's Charlie Pellett the new company will be called bell rang brands animal trade on the New York Stock Exchange according to the company's filing with the securities and exchange commission the size of the offering is listed as one hundred million dollars sense of place holder amount that will likely change in April package food company post submitted a confidential draft registration for an IPO of the active nutrition business after announcing the previous November plans to take the division public Charlie Pellett Bloomberg radio. local news twenty four hours a day on air added tictoc on Twitter powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries I'm Susanna Palmer this is Bloomberg this.
"thomas cook" Discussed on FT News
"So how about Thomas Cook's airline. How does that complicate the situation? Well, the situation is that the airline is European based one on European airlines have to be in Europe. Which is obviously craze lots of complications around possible. Brexit, an even more obvious one. If you're being bought by a Chinese group. So the theory is that they would sell the I line separately to someone like Lufthansa. They then use the proceeds which are. Bliss optimistic direction could be seven hundred fifty million pounds to pay down debt that would pop up the multiple of the remainder of the business, which then might be sold for something a little under five hundred million pounds so offloading. The airline would be in one way and assessed handle could sweeten the hold of the rest of the deal. It's a bit of a wash. I think in terms of the deal price because you use it to take a big chunk out of the debt sensually since you think other travel companies like to be looking at what's going on here with some interest, which you think this is very much at Thomas Cook specific situation. This is something that's true. I think across the travel industry, the traditional travel agents have had to try and adapt as honest as to his has it soon problems. It probably has adapted a bit better Thomas Cook has been trying to play catch up. That's very uncomfortable position to be in. When you're being disrupted on. Line. So this is a general problem for trout travel agencies and the shaky health of the British consumer can't really be hoping mo-. Indeed. Thanks very much. That was Katie Martin talking to our companies reporter, Anna girls, and Jonathan guess Ray. Head of the F tease. Let's call him. Thanks for listening. Remember, if you'll also radio subscriber and would like to discover more F T content e confined our latest subscription office at f-. She dot com slash offer.
"thomas cook" Discussed on FT News
"Capital? One is building a better Bank one that feels nothing like a typical Bank. It's why they've reimagined banking and built something completely different capital. One cafes. They offer checking accounts with no fees or minimums and savings accounts. With one of the best savings rates in America. This is banking reimagined with your needs in mind. Open an account today at any Capital One location or online in five minutes and experienced banking reimagined for yourself Capital One. What's in your wallet capital? One NA member FDIC, Michael Georgio. From the newsroom of the financial times in London. I'm Suzanne blimp, sir. Thomas Kirk the nest Hugh hundred year old UK holiday company is considering putting itself up for sale after a disastrous year when it's market cap. Timbale eighty percent Katie Martin discusses what's gone wrong. And who the potential buyers might be with anti-growth and Jonathan Guthrie. How bad is it for Thomas Cook? What did the company's recent results show? So the results from September of last year show that they swung to a pre-tax loss of one hundred twenty three million. And that's compared to nine million in profit the year before also the net debt increased to three hundred eight hundred nine million from forty million in two thousand seventeen and the share price has also taken a big hit it traded at one pound forty in may two thousand eighteen best since declined to close to twenty four point five pay. So the market doesn't like it. I mean apart from the rising debt, what is it in the results is giving investors cause for concern. I think is that the swinging to a loss in particular. So that's been the investor response, but how has management responded to the decline that's business? What can actually do about this? Well, the issue two profit warnings last year in the space of two months after that they hired a restructuring specialist called Alex partners. To work on ballot sheet and cost reduction plans and two months ago, they launched a strategic review of that airline business and included in that was the idea that they might want actually set following that Lufthansa and Ryan add both the hands up and said, we might be interested in buying Pov that business in Europe. And they also said that they'd be closing twenty one stores putting three hundred jobs at risk. I mean, having storefronts in bricks and mortar to go with this sort of business does seem somewhat strange, right? Yeah. Why think that basically travel habits at changing a lot and online travel agencies? We starting to see them to quite look better. So also holiday companies in the same sort of boats is this an industry wide phenomenon. We'll trading conditions in the UK are really challenging at the moment as weak demand increased competition and these changing travel habits, so Thomas Cook's main competitor in Europe to e as issued profit warnings as well and the budget. Airline EasyJet will say issued a downbeat outlook. So there's a lot of it about Jonathan. Can you give a flavor of the history of the company it's been going since the eighteen hundreds right? I mean, what's going wrong? Does it still have potential? Yes. Well, the thing about Thomas Cook. Of course, was it used to be a real innovator. And it started out in LeicesteR nd one of its signature successes were tools of the pyramids in eighteen sixty nine because there was this middle class growing that wanted to travel more soon as people have a bit of money they like to go on holiday and they managed to tap into that their current problems. I think are actually really rooted in the north is when Manny fun ten VO was the boss, and he doubled down on bricks and mortar he actually did a big deal with Kyle acquired five hundred more stores. Even that time this seemed like a pretty old thing to do online. Travel was already burgeoning Huey which was run in the UK by a man called P too long was very agile. They. Got into this. They were big traditional travel business than based in Germany, and they got into this. They started doing a lot of stuff online. They started offering a loss of tailored and special offers to try and differentiate themselves on Thomas, co frankly was asleep at the wheel until about twenty eleven when it had a huge debt crisis, and it's really been struggling ever since it's never quite got back on its feet. Right. So when you think about the bricks and mortar today alongside the clicks and mortar of travel company who actually walks into a shop to buy their holiday these days while I think we were talking earlier nine aside probably people over the age of sixty. I think there is probably some truth in that the way the Thomas Cook developed during the sixties and seventies. It was very much to pioneer mass tourism to the Costa's so magalogue Benadryl places like that. But a young generation of consumers very price conscious. And they can get very much more cheaply online. Now, potentially still a customer base out there that will prefer to do it in this way. But it's aging one definitely so who are the potential buyers. If that's what it comes to if the companies put up for sale while we've heard already about who might come in for the airline, which they've essentially marked for sale. The most recent rumor is that photo son from China might want to buy the whole of the business. It already has a seventeen percent stake. And there are ways that you could see that might work. You said what do you go to seventeen cents state whilst of influence that they had on the company already? Can we tell joint venture? And if you think back to Thomas Cook in LeicesteR tapping into a rising middle class. This is what I in which is basically an investment company, but it's got a big travel side. This is what I in his been doing in China with a bit of assistance from Thomas Cook. Because Chinese people more prosperous at least in the middle class. I want to go on whole day. They want to go and see the Alhambra and the Mona Lisa and the Niagara Falls. So those potentially a deal to be done there. I'd say except essentially a good match possibly. Yeah. I mean, it depends on the price and also the debt position which is hugely slippery because it's the season business. I have these huge peaks and troughs in debt, particularly when you've advertised a bunch of holidays people are signing up than they haven't paid. You yet you go up to net debt of one point six billion the most recent counts, so
"thomas cook" Discussed on Monocle 24: The Globalist
"Let's push onto something that more people get more excited evasion. That's holidays. One of the big European giants to published its results. Yesterday and how do they compare to another big, giant Tomas cook and Monday. So too much Thomas Cook in recent update. I guess it's surprise twenty one the mass of the reward summer. And the very few people went on holiday widely for palace warmer when the UK was boiling. And so two did see a slower growth in the number of people booking holidays, but it's much much better than Thomas Cook. Thomas Cook, massive drop in prices because of course to get people on holiday out of the heat in summer even woman, you've gotta really discount. Aggressively said Thomas Cook, shares drugs, twenty five percent on Monday quarter is valley whiteout because it just wasn't getting sales. Whereas to travel stock was up three percent yesterday over diversified business. What about the overall outlook for that sector? I mean, I can't remember the last time I booked Ponca Challah day because overseas. Nations, no longer look terrifyingly just terrifying confident enough to go and book things by myself and assemble my own package. Yeah. I mean, it's a struggling Lockton discount airlines like Ryan easyjet's offering super cheap flights, which push to everything else yourselves. You've got the fly in the bag pretty price. I think for this companies, it's important to have more..
"thomas cook" Discussed on AvTalk - Aviation Podcast
"Welcome back and high fly has its first eighth HR eighty customer bed. It's not who pretty much anyone anywhere ever expected. So it's not their first wet lease extended wet lease customers. The Jose a rescue operation for Thomas Cook Scandinavia roads passengers in roads were affected by an IT outage. And so they had a bunch of people that they need to get back Scandinavia. So instead of sending eight three twenty one day get any three eighty while. They there was an article in. I don't know where at this point. But basically, we looked everywhere for charter aircraft. We couldn't find anyone. Thanks Norwegians using the rolls. Royce Trent one thousand there are literally no aircraft in the world that airlines can pick up for a quick charter the only thing hanging around was eight three eighty that. Hi fi just put into operation. And so now it's on its way as. As we record on its way from from Copenhagen to to Larnaca that Helvin gauge from Thomas Cook eight three twenty one can you you magin being those people who are like, you know, we're we're second. We're second. Learnt guys love. Oh. By the way, here is and I'm going to be interested. Where did those people sit? I don't water they even gonna do with that aircraft and Larnaca they ever had in. I know they've had three eighty there for a medical diversion, but never regular service. Nobody's soon. They'll do the same thing. I guess but brings him stares over s on some masses in Moga fit in the the x Singaporean first class, and who goes into business classes Thomas Cook. Obviously does not have a first class week. I don't know. I'm guessing you could put them all in economy on the lower deck in the upper deck is just there for funsies. I mean, wouldn't that be awful, though, we, but you know, I it's it's good training for. Hi fi. Because it's not their first extended wet lease. But it still get some experience with actual customer passengers customers yet hope hopefully, hopefully, they let him sit at least in the business class seats. I don't know if you were on board. This aircraft Email, Ian at what's the nothing. Come on. Podcast effort for of it. If you have any insight into how this flight actually ended up being operated, and there's one tomorrow around trip between Oslo in pulmonary yorker that they're running as well. I think the same kind of we needed a bigger plane up gauge thing don't know who will be I extended wet ways of this aircraft be. I mean, it's probably Norwegian. But we don't know that for sure. Yeah. We exactly it's mean, it's Norwegians very safe bet. But but it would be interesting to see plot twist its Singapore. That would be interesting. Speaking of giant planes, the beluga XL I flew since we last since we last met. So now, there's a giant whale. Roaming, the European countries side cool. The thing is massive it is so ugly. But it's massive. Yeah. Yeah. Yeah. I'm yes, it's ugly. But whatever its massive it is it's doing its thing and by can fly, it's the ugly is the dream lifter. Yeah. No that checks out. But you know. Yeah. I see those side by side, though, why I mean that would be I wonder has that ever happened. So the the original beluga, I believe did not have the range to fly to the US than I guess it could do it. If it makes a bunch of stops. But I won't could be new beluga XL fly nonstop to the US just to show off one day. I do not know that would be fun. That would be fun and bring it to maybe thinking. Bring it to Oshkosh next year that big oh that would be cool. I'm gonna write a letter. Yeah. So hetero, not who somebody. So Oshkosh was last week, and you and I unfortunately didn't have the chance to to make it up there. But over six hundred thousand people did and more than ten thousand.
"thomas cook" Discussed on BBC Radio 4
"The right reasons in the last year or two including talk talk the a and thomas cook tell us mmhmm well it's a it's a very important time of year for taking the temperature of corporate health is people's thoughts who have the full year results are certainly ally this will be on the aaa which has become somewhat of a suicide properly with the chief executive getting stretchered out the last year and the shares have a very tough time as they struggle that big debt burden will be looking to see if what comments we can gauge from the likes of bell way who a national house below the the comments they talk about the the strength of the regional house housing market and and as the a and see what we can see how a are how what is the online confidence of consumers in the economy and also make any status briefly fi well we've got two representatives from japanese companies including toyota and nissan into meet the prime minister how crucial is the whole issue of inward investment when it comes to looking at the future the uk economy e e e to try to the tokyo police about you to what the it with uk languishing in terms of the g simmons of a great that with the biggest determined to that these people waiting to see what happens a unit surrounding brexit and of course it if we look at areas let the northeast where you've had huge hundreds billions pumped in in terms of investments in a what what will be the next five ten years outlook for that will let it entirely depends on leaner those companies view on their access they can get into the european market and of course seen as they make the big longterm the planning decisions will they consider vest that will they moved into mainland europe site it couldn't really be more important japan is a very very important investor nikkei and what they say about their like in that commitments especially to the.
"thomas cook" Discussed on BBC Radio 4
"The final maneuver of its thirteen year mission before it's destroyed in the gases of saturn later this week across will fight close to the john moon titan an encounter that will bandits trajectory and send it into the atmosphere of the ring planet the time is sat 26 minutes to seven cuba has been particularly badly hit by hurricane alma thousands of holidaymakers many of them british have been evacuated from the most exposed areas are correspondent will ground his in varied area which is why many have been taken and will what is it like that well i compared to the devastation after a guy each from where i am won't uber's normally carry should not show god as you say there is for the most exposed area most vulnerable parts of the country so there was a huge operation to remove people from areas around a million people in total were what tatum from their own jan an an and pruitt for type of parts of the island and it among the media million were tens of thousands of tourists and not survey with british and and they are now aaron benedetto and wild hurricane emma quite clearly in cuba shouldn't be turned into a story about you know my holiday from how it is a difficult time for these eight or are they would be the first to agree that there is a lot of suffering going on in the island and their stories aren't you i i'll fight lurks what's happening in the cuban people but but nevertheless they are very angry thomas cook particularly the touroperator with whom they booked their holiday eight and with the british government and flakes raped me when i caught up with a few of them are in one of the resort's main hotel cutting begins let me tell you how i mean it's out by the canadian plants yards hinting blend hotel wait all the other countries canada and whether it was a four upright fill that government back to that nice before we should have been the same kuomintang get involved and thomas coping sent any planes as all out when they had the opportunity maye well what of thomas cook said about that well they have defended that response to that too much it shane byrne chart dave simply followed.