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Author Holidays with Thomas Cook
NovaGTE2
Member

Registered: 26th Sep 06
Location: Peasedown St John, Bristol Avon
User status: Offline
23rd Nov 11 at 10:11   View User's Profile U2U Member Reply With Quote

Dont know if you have heard but they look like they might be going to the dogs!!

I have a bit of a problem as i am due to go to New York and then on to Las Vegas on Thursday with them; i booked it about 5 months ago and paid all upfront on debit(unfortunately not credit) card. I have booked all flights and hotels with them which came to nearly £4K but because its booked as a flight and hotel separately its not classed as a package holiday! And when reading on BBC website it says:

"Anyone booked for a package holiday with Thomas Cook is covered under the Air Travel Organisers' Licensing (Atol) scheme, which is funded by contributions from travel companies.

However, people who have only booked a flight with the company will not be covered by the Atol scheme"

Not sure what; if anything i can do! Last thing i want is to get stuck over there and have to fork out extra money to get back etc...

Anyone else in a similar position?
Kerry
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Registered: 5th Oct 01
Location: Norwich
User status: Offline
23rd Nov 11 at 10:12   View User's Profile U2U Member Reply With Quote

shares were up 25% this morning are you sure its true they are going to the dogs?
adiohead
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Registered: 28th Sep 01
User status: Offline
23rd Nov 11 at 10:14   View User's Profile U2U Member Reply With Quote

I have over £500 of Thomas Cook vouchers to spend
Twiggy
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Registered: 15th Oct 04
User status: Offline
23rd Nov 11 at 10:18   View User's Profile U2U Member Reply With Quote

ABTA or what ever protected so its fine
Jamie Walby
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Registered: 15th Nov 04
User status: Offline
23rd Nov 11 at 10:19   View User's Profile U2U Member Reply With Quote

They were meant to be extending some credit/borrowing deals with banks yesterday for a further £100m. Thats all I know.
NovaGTE2
Member

Registered: 26th Sep 06
Location: Peasedown St John, Bristol Avon
User status: Offline
23rd Nov 11 at 10:21   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Kerry
shares were up 25% this morning are you sure its true they are going to the dogs?


Im not sure that it is, but not good signs!

Just looking at my position really if they do go under really as dont want to be stranded!


Twiggy - I think that covers package deals; which is not what i have booked!
Kerry
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Registered: 5th Oct 01
Location: Norwich
User status: Offline
23rd Nov 11 at 10:21   View User's Profile U2U Member Reply With Quote

They are too big to fail IMO
Eddx14xe
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Registered: 12th Jan 10
Location: Hertfordshire
User status: Offline
23rd Nov 11 at 10:30   View User's Profile U2U Member Reply With Quote

They have a 900million £ debt and had to go the the bank to extend it by another 100million.
ashleh
Member

Registered: 23rd Dec 08
Location: Nottingham
User status: Offline
23rd Nov 11 at 10:44   View User's Profile U2U Member Reply With Quote

I'm flying with them in January, be fineeeeeeeeeee.

 
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