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Re: Thomas Cook in Financial Trouble
Quote:
Originally Posted by mertle
Could this be sign of the entertainment industry in trouble with people struggling last thing people look is holidays.
The knock on is jobs go as companies fail impacting the mess more. |
From the OP's link
Quote:
Mr Weihagen explained that trading had been particularly poor in France and Belgium, where bookings are down 20% compared with last year, and in Thomas Cook's Russian business.
"Winter travellers from Russia go to Thailand or Egypt," he said, adding that the floods in Thailand and continuing political unrest in Egypt had hit those bookings.
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