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Thomas Cook Fighting for Survival
09-22-2019, 11:14 AM
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#1
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Thinks s/he gets paid by the post
Join Date: Jan 2013
Location: SoCal, Lausanne
Posts: 4,408
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Thomas Cook Fighting for Survival
I'm surprised they have survived so long given so many online sites and hotels and airlines encouraging you to book directly. At least the British Government has a plan to help out stranded travelers.
https://finance.yahoo.com/news/1-tra...125106864.html
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09-22-2019, 11:17 AM
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#2
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Thinks s/he gets paid by the post
Join Date: Aug 2010
Location: Back woods of Fennario
Posts: 1,170
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I didn't even know he was sick!
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"Time wounds all heels...." - Groucho Marx
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09-22-2019, 11:21 AM
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#3
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Administrator
Join Date: Jul 2005
Location: N. Yorkshire
Posts: 34,056
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Yes, he never got over that touch of death he had in 1892.
https://en.m.wikipedia.org/wiki/Thomas_Cook
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Retired in Jan, 2010 at 55, moved to England in May 2016
Enough private pension and SS income to cover all needs
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09-22-2019, 11:35 AM
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#4
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2011
Posts: 8,368
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Quote:
Originally Posted by Freedom56
At least the British Government has a plan to help out stranded travelers.
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Why? I know little about the situation, but shouldn't Westdeutsche Landesbank and Fosun bear the brunt, rather than British taxpayers?
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"Exit, pursued by a bear."
The Winter's Tale, William Shakespeare
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09-22-2019, 12:41 PM
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#5
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Moderator Emeritus
Join Date: Sep 2007
Posts: 17,773
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Every once in a while I'll hear or use the term "Cook's tour"--most people have no clue what that means (and why should they, really). Interesting story here: http://thewisecollector.com/thomas-c...and-tours.html
Quote:
"Cook has made travel simple, easy and a pleasure. He will sell you a ticket to any place on the globe. Cook is your banker everywhere. His clerks will answer all the questions you ask, and do it courteously. I recommend Cook's tickets and I do so without embarrassment, for I get no commission. I do not know Cook." - Mark Twain, Europe and Elsewhere, 1923
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__________________
“Would you like an adventure now, or would you like to have your tea first?” J.M. Barrie, Peter Pan
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09-22-2019, 12:49 PM
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#6
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Moderator
Join Date: Feb 2010
Location: Flyover country
Posts: 25,199
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I never knew the derivation of the phrase so I had to look it up:
Quote:
In 1841, British missionary Thomas Cook convinced a British railway to run a special train to a temperance meeting, then proceeded to find passengers for the trip, an event regarded as the beginning of organized tourism. Within a few years, Cook was setting up excursions on a regular basis, and by the century's end, the Thomas Cook & Son travel agency was orchestrating travel around the world. The agency's tours were famously well-organized, but they were also known for herding travelers hurriedly from location to location. A Cook's tourist might see an impressive array of famous sites, but often only in superficial glimpses. Over time, English speakers started using Cook's tour for any hurried tour, and later, for any rushed activity or cursory review.
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https://www.merriam-webster.com/dictionary/Cook's%20tour
Silly me, I had always thought it referred to Captain Cook's travels throughout the world.
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I thought growing old would take longer.
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09-22-2019, 12:57 PM
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#7
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2011
Posts: 8,368
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That was before the Captain teamed up with Wagons Lits and started towing trains behind his ship.
__________________
"Exit, pursued by a bear."
The Winter's Tale, William Shakespeare
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09-22-2019, 01:21 PM
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#8
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Moderator
Join Date: Feb 2010
Location: Flyover country
Posts: 25,199
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Quote:
Originally Posted by Nemo2
That was before the Captain teamed up with Wagons Lits and started towing trains behind his ship.
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Was Tennille involved?
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I thought growing old would take longer.
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09-22-2019, 01:37 PM
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#9
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2011
Posts: 8,368
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Quote:
Originally Posted by braumeister
Was Tennille involved?
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No, this was after she divorced Daryl.
__________________
"Exit, pursued by a bear."
The Winter's Tale, William Shakespeare
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09-22-2019, 04:20 PM
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#10
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2018
Location: Tampa
Posts: 11,233
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Yeah got tired of "dragon" him around.....
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TGIM
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09-22-2019, 04:21 PM
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#11
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2011
Posts: 8,368
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__________________
"Exit, pursued by a bear."
The Winter's Tale, William Shakespeare
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09-22-2019, 08:09 PM
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#12
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2011
Posts: 8,368
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Thomas Cook, world’s oldest travel company, has collapsed:
https://globalnews.ca/news/5936407/thomas-cook-deal-uk/
__________________
"Exit, pursued by a bear."
The Winter's Tale, William Shakespeare
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09-22-2019, 08:39 PM
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#13
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Thinks s/he gets paid by the post
Join Date: Jan 2013
Location: SoCal, Lausanne
Posts: 4,408
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The UK government is planning help out stranded UK travelers. I wonder if AAA (auto club) will eventually shut down their travel agency. That operating unit has been on the decline for years. They will eventually stop distributing hard copies of their travel guide and maps.
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09-23-2019, 08:20 AM
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#14
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2013
Location: Les Bois
Posts: 5,761
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pretty much my reaction - DW admonished me
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You can't be a retirement plan actuary without a retirement plan, otherwise you lose all credibility...
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09-23-2019, 09:01 AM
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#15
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2014
Location: Huntsville, AL/Helen, GA
Posts: 6,002
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They have hundreds of stranded passengers all over the world. It's going to take a few days to get them booked on other airlines and get'tem back home. Flyers may have to pay for hotels until they return home. Not all the rooms booked will accept travelers either. Those that prepaid for hotels/rooms will probably be SOL.
I got caught in Dover, England when Braniff went out of business, and it was a difficult few days. Hitchhiked back to Houston--and paid my own way to Memphis.
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09-23-2019, 09:17 AM
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#16
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Administrator
Join Date: Jan 2008
Location: Chicagoland
Posts: 40,587
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Lots of of people stranded and job losses. From the FT https://www.ft.com/content/dd402b2c-...3-db5a370481bc
Quote:
The*collapse of the travel company leaves 21,000 jobs at risk and 150,000 UK holidaymakers stranded abroad, reliant on an effort by the government’s Civil Aviation Authority to put together the biggest emergency repatriation in peacetime.
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09-23-2019, 09:27 AM
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#17
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2011
Posts: 8,368
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Quote:
Originally Posted by MichaelB
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Still not sure why it would be the government's (i.e. taxpayers, and especially taxpayers who didn't/can't afford to go on vacation overseas), responsibility to repatriate these unfortunates.
To misquote Ebenezer "Is there no insurance, are there no alternative means of transport?"
What am I missing? Dunkirk it ain't.
__________________
"Exit, pursued by a bear."
The Winter's Tale, William Shakespeare
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09-23-2019, 09:31 AM
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#18
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2008
Posts: 12,598
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What about the non-Britons? Are their governments bringing them back too?
Quote:
Originally Posted by Nemo2
Still not sure why it would be the government's (i.e. taxpayers, and especially taxpayers who didn't/can't afford to go on vacation overseas), responsibility to repatriate these unfortunates.
To misquote Ebenezer "Is there no insurance, are there no alternative means of transport?"
What am I missing? Dunkirk it ain't.
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If you understood everything I say, you'd be me ~ Miles Davis
'There is only one success – to be able to spend your life in your own way.’ Christopher Morley.
Even a blind clock finds an acorn twice a day.
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09-23-2019, 09:38 AM
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#19
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Moderator Emeritus
Join Date: Sep 2007
Posts: 17,773
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Quote:
Originally Posted by MichaelB
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Wow--can't read the article but assuming it's from the POV of UK citizens needing to be returned to the UK, whoa. Looks like there are tons more traveling with Thomas Cook who need to be returned to other countries "On top of the British holidaymakers, some 460,000 other customers are also abroad, with many coming from Germany or Scandinavia." https://finance.yahoo.com/news/1-tra...125106864.html
There is an insurance fund that travel agencies/brokers paid into that should cover the costs https://www.caa.co.uk/ATOL-protectio...rs/About-ATOL/ :
Quote:
ATOL is run by the UK Civil Aviation Authority (CAA). It is able to provide assistance by requiring ATOL holders to pay a fee of £2.50 for each traveller, which is held in a fund managed by the Air Travel Trust. This fund is used to refund, repatriate or reimburse travellers for the cost of repaying for the affected parts of their trip.
This money creates a fund that will support consumers to minimise disruption to their holiday or, if they are no longer able to travel, provide a full refund for the holiday.
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So it's not the British government footing the bill for repatriation.
The first trip, although not with a group or a tour, DH and I took after we were married a few years and had jobs that made money was through Thomas Cook's office on Michigan Avenue in Chicago, including their own travelers checks. RIP, TC.
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“Would you like an adventure now, or would you like to have your tea first?” J.M. Barrie, Peter Pan
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09-23-2019, 09:48 AM
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#20
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Administrator
Join Date: Jul 2005
Location: N. Yorkshire
Posts: 34,056
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From a UK perspective, if a “packaged holiday” is purchased then the mandatory ATOL insurance covers the costs when a carrier goes bust. Thomas Cook also provides flights only and if the traveler has not purchased travel insurance then they are going to struggle to get any refund.
The UK government through the CAA is arranging flights over the next 2 weeks to bring stranded travelers back to the UK.
There are reports of some of the hotels that holiday makers are staying at demanding money from their guests but the advice from the UK is to not pay anything as the travelers have already paid Thomas Cook.
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Retired in Jan, 2010 at 55, moved to England in May 2016
Enough private pension and SS income to cover all needs
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