Ex Thomas Cook hotels - how will they survive?

Ganga

peachyprice wrote: »

There won't be less flights, other airlines will pick up the routes as soon as. I expect some are already making plans to bid on them already. As it is every winter there is a mad scramble to get the best routes with some airlines missing out, just means with one less carrier they stand more chance of getting what they want.

The problem is that the other airlines do not have the capacity to carry more passengers,well not in the short time,some airlines are cancelling routes because of the Boing Max aircraft failure to supply due to safety issues

The_Fat_Controller

No airline has 34 spare aircraft and crews to replace those grounded now that TC has folded and no tour company is going to fill all the rooms left either.

Very sad for all concerned, especially that those that have not been paid.

peachyprice

Ganga wrote: »

The problem is that the other airlines do not have the capacity to carry more passengers,well not in the short time,some airlines are cancelling routes because of the Boing Max aircraft failure to supply due to safety issues

The_Fat_Controller wrote: »

No airline has 34 spare aircraft and crews to replace those grounded now that TC has folded and no tour company is going to fill all the rooms left either.

Very sad for all concerned, especially that those that have not been paid.

They'll snap up those 34 aircraft that TC's liquidators will be selling off cheap, same as they did with Monarch's fleet of 37 planes, only one ended up being scrapped. In fact 5 of TC's planes were ex Monarch planes. Others were snapped up Aegean, Olympic, Iberia and Easyjet.

Same will happen with TC planes, especially in light of the Max 8 problems.

Westin

I don't actually think they were TC owned aircraft. Possibly one or two but I think most are leased. The lessees will look to recover their aircraft but often their is a delay whilst the Courts assess claims for outstanding charges (airport handling, landing fees, fuelling etc etc). Takes a little time to sort out.

Doshwaster

Westin wrote: »

I don't actually think they were TC owned aircraft. Possibly one or two but I think most are leased. The lessees will look to recover their aircraft but often their is a delay whilst the Courts assess claims for outstanding charges (airport handling, landing fees, fuelling etc etc). Takes a little time to sort out.

Yes, all but a handful were leased. TC operated such a seasonal schedule that it didn't make sense to own aircraft outright as many of their planes would be doing nothing for half of the year.

brewerdave

Looking on a Facebook group for Corfu ,that I'm a member of , many of the hotels now without customers for the rest of 2019 season, are offering up room only deals just to get some cash in. However, many will not take forward bookings for 2020 summer season as they are hoping that another TO picks up the slack.

scaredofdebt

Westin wrote: »

I don't actually think they were TC owned aircraft. Possibly one or two but I think most are leased. The lessees will look to recover their aircraft but often their is a delay whilst the Courts assess claims for outstanding charges (airport handling, landing fees, fuelling etc etc). Takes a little time to sort out.

I believe (read is somewhere) that TC owned 3 of the aircraft, the rest were leased.

James-may

It's not helping that some hotels are increasing prices waaay above normal, I'm not sure what they are trying to accomplish, but customers are going elsewhere in droves (if they manage to find flights that is).

Why would hotels that are losing a huge percentage of their weekly footfall , try to ramp prices up?
Baffles me.

Westin

James-may wrote: »

It's not helping that some hotels are increasing prices waaay above normal, I'm not sure what they are trying to accomplish, but customers are going elsewhere in droves (if they manage to find flights that is).

Why would hotels that are losing a huge percentage of their weekly footfall , try to ramp prices up?
Baffles me.

Can you give an example of that?

peachyprice

James-may wrote: »

It's not helping that some hotels are increasing prices waaay above normal, I'm not sure what they are trying to accomplish, but customers are going elsewhere in droves (if they manage to find flights that is).

Why would hotels that are losing a huge percentage of their weekly footfall , try to ramp prices up?
Baffles me.

Greed is all. The travel industry is rife with it and as long as people are willing to pay it will continue.

That's always been one of the problems with using tour operators, they are, 9 times out of 10, more expensive than DIY. The kind of prices TO's charge for 2 weeks in Europe could buy a worldwide holiday. We never could have had holidays every summer if we booked with a TO.

The hotels are as complicit as the TO's in that they haven't moved with the times either, they should have be paying attention to the change in the way people book and how much they're willing to pay. They should have been self-promoting, ramping up their independent bookings, not just sitting back, relying on the TO's, raking in easy money. It was never going to last.