[teaston]

Originally Posted by EvilDrPorkChop

We always booked direct, book your own flights, hotel and transfers. Been doing it for last 10 years and not had any issues, hotels treat/look after you better as you are their customer not a travel companies. Done this since a bad experience with First Choice and realised all travel companies are rouges

Still doesn't get around the fact that a airline could still go bust, but at least it's only a flight and you can always get another one. And we've only ever paid for a hotel on arrival.

So do we, not really sure why anyone goes down the package holiday route these days?

[isleaiw1]

Originally Posted by teaston

So do we, not really sure why anyone goes down the package holiday route these days?

Protection. Ease. Never having had a problem. Always been happy. Often no more expensive...

Just because it’s the traditional way doesn’t mean it’s bad.... a bit like phoning someone is often so much more successful than sending a text or email. Hey, actually meeting them face to face...

[isleaiw1]

Originally Posted by Mohawk

Yeah & there are nowhere near as many people caught out by this as advertised. There is no reason for HMG to do anything for people's abroad. If they don't have travel insurance &/or a credit card they deserve what they get.

Its not the industry regulation that's the problem, its the auditors that keep giving companies a clean bill of health when their finances are crap. The gov is trying to clamp down on that but very poorly.

Such a caring attitude. Hope you never get caught out having made a mistake...although if they booked an ATOL protected holiday they shouldn’t need money...

Do you have a suggestion to solve that? Auditors have to give an opinion on going concern - which is ability of company to survive 12 months from the date the audit report is signed.... now at the time they check that, it’s unlikely that any doubts are being allowed out into the market - as rumours of financial distress tend to be self fulfilling, as suppliers pull credit and customers shop elsewhere. So the auditors are trying to reach a conclusion on a subject that is by its nature secretive....

Good luck with a fail safe solution.

[Wills2]

Originally Posted by isleaiw1

Just because it’s the traditional way doesn’t mean it’s bad.... a bit like phoning someone is often so much more successful than sending a text or email. Hey, actually meeting them face to face...

Amen to that statement, I've lost count of the times I have to say to my team, pick up the bloody phone! When I ask why something hasn't happened and they say "well I've sent an email but they haven't replied"

[MashinBenzin]

Originally Posted by Wills2

Amen to that statement, I've lost count of the times I have to say to my team, pick up the bloody phone! When I ask why something hasn't happened and they say "well I've sent an email but they haven't replied"

Same here, it's the forgotten technology that still works!

[Wills2]

Originally Posted by MashinBenzin

Same here, it's the forgotten technology that still works!

Powerful tool, but people of a certain age seem to be allergic or perhaps scared of using it to speak to someone.

[Abrek]

Originally Posted by Mohawk

Yeah & there are nowhere near as many people caught out by this as advertised. There is no reason for HMG to do anything for people's abroad. If they don't have travel insurance &/or a credit card they deserve what they get.

Its not the industry regulation that's the problem, its the auditors that keep giving companies a clean bill of health when their finances are crap. The gov is trying to clamp down on that but very poorly.

I’m an auditor myself. Looks like in this particular case auditors are the last to blame, let me explain why. Thomas cook year end is September. September 2018 was the last date auditors signed off accounts. Since then TC lost £1.1bn in winter 19/20. Banks got nervous and asked for more capital. Shareholders lost fate and didn’t come up with extra cash. Banks pulled credit facilities, resulting in administration.

[The0pportunist]

I warned my parents about booking TC - luckily they returned from their holiday last week.

Travelers will eventually get home and / or get their money back. I really feel for the employees who will now have to look for a job at the same time as the whole company. I imagine some may fail to get into their chosen industries as a result.

Brexit uncertainty is really hurting this country.

[doncarlyon]

Was Thomas Cook male, female or gender neutral?

[Wills2]

Originally Posted by doncarlyon

Was Thomas Cook male, female or gender neutral?

This guy?

[RobUK]

I suppose it had to happen - scammers are calling/texting people claiming to be from Thomas Cook and asking for their bank details, supposedly to process refunds.

I feckin hate scammers, and ones who prey on people in incidents like this even more so!

[zofinger]

Well i'd day that's a job well done by all in unfortunate circumstances. You'll always get a few people having their agony played out on the news/socal media but considering there are/were 150,000, i haven't heard that much.



https://www.bbc.co.uk/news/business-49951408