Originally Posted by
ShyGuy
Thomas cook gone.
Thomas Cook Germany gone.
XL Airways France gone.
And now Adria Airways is done.
Recession in 12 mos coming here.
Thomas Cook Germany is the travel company, the german airline of Thomas Cook is still flying normally and in indeed just secured a bridging loan of €380 million to survive over the winter as it is profitable and there are some investors interested in buying it, or parts of it. However, with the demise of TC of course around 20% of its passengers are gone.