Posted by Steve G on 21/9/2019, 11:49 am, in reply to "Re: Thomas Cook"
That drop has had "some" affect I concede but mate TC's real issues have always been and def still are in it's model.
They failed to react to tourism pattern shifts, they failed to stabilise and cut a very overweight business going back years, they failed to deal with competition shifts, they failed to deal with My Travel properly and let it ride debts against the mother Co..
Overall the management team have royally let things carry on in exactly the same way as previous loss making years and done sfa to counter what was staring them and there investors in the face.