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Thomas Cook

Jordan-34092

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It wouldn't surprise me if these jobs get shifted to abroad now, I read somewhere they are wanting to set up in India don't quite know what it means by set up as it doesnt state what. £15 million for poor management, shouldn't be payed it i say.
 

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Ray Finkle

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Thomas Cook 'agrees easyJet deal'

(UKPA) – 1 day ago

Beleaguered holiday firm Thomas Cook has reportedly signed a deal to book thousands of seats on flights run by low-cost carrier easyJet.

The UK's second-biggest travel company will use the easyJet seats as part of its package holidays for next summer, the Sunday Times said.

The tie-up, which could reportedly be announced this week, will cover about 80,000 trips, representing 3% of Thomas Cook's capacity.

The group, which was recently forced to turn to its banks for an additional £200 million of loans, has scaled back the size of its own airline in the past year as it moves to slash costs.

While it is thought to be the first time that easyJet has sold seats wholesale to another company, Thomas Cook has regularly worked with other airlines, such as Monarch.

The group was plunged into crisis in November after it turned to its lenders for help, sparking fears of a collapse, and recently appointed former Premier Farnell boss Harriet Green to lead its turnaround as its chief executive.

Thomas Cook has so far sold part of its aircraft fleet, five Spanish hotels and its Indian arm as part of the strategy to reduce its £1 billion debt mountain.

Ms Green is currently undertaking a review of the business that is likely to lead to a broad overhaul - but the outcome will not be known until next year.

Developments at easyJet have been overshadowed in recent months by various spats between the airline's founder, Sir Stelios Haji-Ioannou, and its directors.

Last month, easyJet fended off Sir Stelios's attempt to oust its chairman Sir Michael Rake, who is also deputy chairman of Barclays, after it failed to win the support of the majority of shareholders. Earlier this year, Sir Stelios was also defeated in his attempt to throw out a multimillion-pound pay deal for executives.
http://www.google.com/hostednews/ukpres ... 188860152A
 

Aviador

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It's not unusual to have low cost airlines taking seat allocations for tour companies. Jet2 has been doing it for a number of years.
 

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It's not unusual to have low cost airlines taking seat allocations for tour companies. Jet2 has been doing it for a number of years.
The Tui Group certainly used low-cost carriers (may well still do so) for some of their summer Lakes and Mountains inclusive holidays.

In June 2011 my wife and I went on one such holiday to Montreux and the carrier was easyJet between Bristol and Geneva.
 

News Guru

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Another 430 jobs threatened at Thomas Cook

Around 430 jobs are under threat at Thomas Cook after it announced plans to reduce its UK fleet from 35 to 31 aircraft.

The move will impact operational staff, engineers and office-based support.

"Regrettably these proposals, if implemented, will have an inevitable impact on our people and we have today entered a period of consultation with our employees, with the expectation that approximately 430 roles will be impacted," said Thomas Cook in a statement yesterday.

"As always in such situations we will work openly with our colleagues and their representatives to support them throughout the process."

Read more: http://www.travelmole.com/news_feature. ... id=2003426
 

Ray Finkle

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Here's an interesting interview with the head of long haul at Thomas Cook.

I'm sure Birmingham was only mentioned as a 'for instance' and I'm not reading too much into it but I do hope they have a proposal worked out as it's long haul IT is pretty poor. I'm sure there will be some stiff competition though.

30-Second Interview – Jens Boyd, Head of Group Long-Haul, Thomas Cook Airlines Group

Thomas Cook Airlines Group (TCAG) has issued two requests for proposals (RFP), the first being for additional frequencies to current long-haul destinations in its network out of new European departure airports that can be served by its existing 767 or A330 fleets on an inside W-pattern (out of the destination). The second RFP is looking to add new long-haul points in the Americas, Asia and Africa from its existing European departure points.

The reason for the RFPs is that presently in its S13 schedules, TCAG employs five of its 20-strong fleet of long-haul aircraft on short- and medium-haul sectors; in the winter the spare capacity drops to three aircraft. anna.aero discusses the RFPs with Jens Boyd, Head of Group Long-Haul at the group to understand how airports, and their partner tourism bodies, can secure some of the reallocation of TCAG’s capacity.

anna.aero: What is TCAG looking to get out of the RFP process?

Jens Boyd: In particular, we are seeking to obtain insightful traffic analysis, projections and firm proposals of commitment and incentives, which will be used to steer our long-term network planning process.

aa: Has TCAG done this type of thing before?

JB: We have never done it in such a structured manner before, as we are looking for the airline, tour operators, airport, tourism board, hotel operators, and travel agents to work together to deliver a positive result. In the past, a tourism authority may have come to just the tour operator, a decision is made and the airline is just seen only as a part of the tour operator. This is perhaps why long-haul routes have not been continued in operations, and also why there has been limited growth to new markets, as adding this type of flight is higher cost and higher risk than for short-haul. We are also looking to use our experience of developing our scheduled network, of using passenger data like MIDT to make more informed decisions, as we did in our recent North American expansion.

aa: Are you looking to tie-up all the spare capacity available for W14/15 and S15 from these RFPs, or do you think the process may have to be repeated next year?

JB: We will take that decision once we have gone through the process. We are looking to add say two relevant European departure airports, as well as two new global destinations in this iteration. But clearly, as we have the spare capacity, we could look to add more new network points if the business case is right and the strong partnerships with all stakeholders have been established.

aa: In the departure airport (from Europe) RFP it mentions that feed from domestic and regional airline partners like Lufthansa, SAS, LOT is closely integrated to the TCAG product – surely this gives preference to unserved airports like Berlin or Düsseldorf for example, where there is significant presence with Lufthansa?

JB: Feed into the airport is important, particularly when we are talking about niche destinations where there is limited demand at the origin, but we are not limited to those feeder carriers. If Brussels Airport thinks it has the potential to become a new departure point, then they may wish to propose we work with Brussels Airlines on a feeder agreement. Similarly, if Dublin wants to talk to us, it might be important that an airline like Aer Lingus is involved in any discussions we may have. So it is down to the airport in question to suggest who we could work with.

aa: Do you think the margins achieved on seven long-haul sectors per week will be higher than those generated by the 10-20 short- and medium-haul sectors these aircraft are currently flying?

JB: The overall cost position of a long-haul aircraft operating on a short-haul route is always going to be much worse.

aa: What is going to happen to these short-haul sectors, will the capacity be replaced seat-for-seat?

JB: We will be back-filling this flying with a combination of our own fleet or by using ACMI providers. It is always good to have a percentage of the latter in order to reduce our risk to unpredictable market changes.

aa: Could airports “buddy-up”? For example, a new European airport with a new Caribbean destination.

JB: Yes they can – it’s in the RFP. So, for example, if Birmingham Airport thinks that in addition to a strong leisure demand, there is also local VFR traffic to Antigua, then we would consider that type of opportunity. In many ways, this style of approach, with both ends of a potential route working together, is taking this process to the next level.

aa: What percentage of TCAG long-haul’s costs are allocated to airport charges?

JB: Of course…it should be 0%!! Just kidding (he laughs). In reality, it’s around 3-6% of total costs.

aa: On that basis how important is the ‘airport deal’ – isn’t it more important that the business case works?

JB: You are absolutely right. The business case needs to work in the long-term, as often these new route incentives expire anyway. What we are encouraging our airport partners to do is to consider the total costs of operating from their airport. For example, how competitive are the prices fuel providers charge, or indeed ground handlers? This is important when we are considering two airports in a particular region. We were evaluating two airports situated close to each other, where the larger airport’s landing charges were three times more expensive than its smaller competitor. However, our other costs at the bigger airport were so much cheaper than those levied at the smaller airport that no amount of incentive was ever going to recover the savings of operating into the larger airport.

aa: In terms of the prospective global leisure destinations are you looking for the airport or the tourism body to take the lead?

JB: We think that airport needs to take the lead, and also to take on a broader role in the overall partnership. They are many airports which are very good at telling us about their new check-in halls or improved security processing times, but still very few take on the responsibility of being the ‘champion’ in terms of pulling together all of the other stakeholders from the destination that we want to be included in this process.

aa: Many of your existing destinations are tried and tested – is TCAG prepared to try unproven markets that are not as well-developed in order to create fresh markets for its customers?

JB: Absolutely. Last winter we started services to Siem Rep (Cambodia), San Juan (Puerto Rico), Yangon (Myanmar) and Cape Town (South Africa). Puerto Rico and South Africa will return again for this winter, in fact Cape Town may actually be increased. So while this route churn rate is almost as bad as those from low-cost carriers, we are committed to exploring network white spots where customers want to go, but can’t easily get there. In the past, we have even considered places like Siberia! We know that there are lots of Russians that take holidays near Lake Baikal, so we were interested to see why and whether it would work for us. In the end, all of the components were not there to make the numbers stack-up, but yes we are keen to fill a void perhaps where a normal scheduled airline is not prepared to go.
http://www.anna.aero/2013/08/09/30-seco ... f-86869353
 

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Thomas Cook confirms Flybe partnership

Thomas Cook has confirmed a partnership with Flybe that will open up long-haul routes to regional airports across the UK via the operator's Manchester hub.

Thomas Cook Airlines hinted at a partnership earlier this year but has today confirmed the details of the deal.

It will mean that customers can fly from Aberdeen, Belfast, Edinburgh, Exeter, Glasgow, Inverness, Isle of Man, Norwich and Southampton to Manchester to connect with Thomas Cook flights to the Caribbean, Florida, Las Vegas, Mexico and Goa.

These include the only routes outside London to Antigua and St Lucia, and one of only a handful of flights from the UK to Barbados.

Full report at: http://www.travelmole.com/news_feature. ... g&region=2
 

Stonebaked

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https://www.youtube.com/watch?v=TlyuPufsnzg

New A330 Economy Cabin:- Available from December 2014
The new Thomas Cook Airlines Economy cabin includes new seats, offering maximum living space and comfort, alongside brand new 8.9” touch screen on-demand in-flight entertainment system and a range of blockbuster movies.
 

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Stonebaked said:
https://www.youtube.com/watch?v=TlyuPufsnzg

New A330 Economy Cabin:- Available from December 2014
The new Thomas Cook Airlines Economy cabin includes new seats, offering maximum living space and comfort, alongside brand new 8.9” touch screen on-demand in-flight entertainment system and a range of blockbuster movies.
[video]https://www.youtube.com/watch?v=TlyuPufsnzg[/video]

Seems pretty good but not everybody likes the ultra thin style seats. Sign of the times I guess.
 

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Thomas Cook seeks to sell airline business -report

British holiday company Thomas Cook Group is seeking to sell its airline business as part of a cost-saving plan, the Sunday Times newspaper reported, without citing its sources.

The world's oldest travel group has sounded out a number of potential buyers over the last few months including rival carriers and private equity investors but no deal has yet been reached and no talks are currently under way, the newspaper said.

Full article at http://www.reuters.com/article/2015/02/ ... G820150222
 

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Thanks for that TLY, since the airline almost collapsed during the worldwide recession the airline has been turned around and is now a formidable business. I can see the airline being snapped up quite quickly.
 

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New Years Eve saw the last ever Thomas Cook 757-200 flight.

It will be a sad day when the type is fully retired, it's a magnificent aircraft.

Thomas Cook 757-200, by Channex 757, hosted on Forums4airports.com
 
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Two sides to every story...

Thomas Cook bookings 'recovering' in aftermath of terror attacks

Thomas Cook reassures holidaymakers after shares plunge

Tour operator owes nearly £1bn to lenders including 17 banks, and its debt could top £1.5bn by the end of the year.
What's for sure is Thomas Cook has been through an extremely turbulent time over the last few years only just recovering from near collapse.

I do find it odd the airline is still pursuing expensive long haul markets particularly when they are regarded as the most vulnerable to economic fluctuations and oil prices.
 

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http://www.bbc.co.uk/news/business-36381827

Thomas Cook cabin crew vote to strike

The union members have voted to strike but talks will be held between union, airline and conciliation service Acas to try to find a solution.
 

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Severn

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For anyone interested:

In peak summer, these are the aircraft bases for TCX:

A320 - 6 Total

LGW - 2 (1 op by SmartLynx Airlines / 1 op by Titan Airways)
MAN - 1 (op by Avion Express)
BHX - 1 (op by SmartLynx Airlines)
NCL - 1 (op by Avion Express)
CWL - 1 (op by Avion Express)

A321 - 24 Total
MAN - 6 (5 + 1 stby) (2 op by Avion Express)
BHX - 3
STN - 3
LGW - 2 (1 op by SmartLynx Airlines)
NCL - 2
BRS - 2
EMA - 2
GLA - 2
BFS - 1

B757-300 - 6 Total
MAN - 3 (1 operated by Condor)
LGW - 3

A330-200 - 9 Total
MAN - 7 (1 op by AirTanker / 1 op by Thomas Cook Scandinavia)
STN - 1 (op by AirTanker)
LGW - 1

A330-300 - 1 Total
STN - 1 (op by Thomas Cook Scandinavia)

-----------------------------------------------------

MAN - 17 (16 + 1 Stby)
1x A320 - (op by Avion Express)
6x A321 (5 + 1 stby) - (2 op by Avion Express)
3x B757-300 - (1 operated by Condor)
7x A330-200 - (1 op by AirTanker / 1 op by Thomas Cook Scandinavia)

LGW - 8

2x A320 - (1 op by SmartLynx Airlines / 1 op by Titan Airways)
2x A321 - (1 op by SmartLynx Airlines)
3x B757-300
1x A330-200

STN - 5
3x A321
1x A330-200 - (op by AirTanker)
1x A330-300 - (op by Thomas Cook Scandinavia)

BHX - 4
1x A320 - (op by SmartLynx Airlines)
3x A321

NCL - 3
1x A320 - (op by Avion Express)
2x A321

BRS - 2
2x A321

EMA - 2
2x A321

GLA - 2
2x A321

BFS - 1
1x A321

CWL - 1
1x A320 - (op by Avion Express)

(Peak summer is around the English school holidays - outside of this time STN is only a 2x TCX A321 base and GLA is a 3x TCX A321 base. The Thomas Cook Scandinavia A330-300 operates out of primarily GLA, but also BFS and STN and the AirTanker A330-200 operates out of GLA)
 

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From the LBA forum
Balpa announced at Noon that all Thomas Cook pilot strikes have been cancelled, especially tomorrows, good news for passengers after two weeks of bad news.
Talks to start with management to hopefully agree a deal.
 

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Thomas Cook Group Airlines and Transat A.T. sign an agreement to exchange aircraft seasonally



Montreal/London, October 2, 2017 – Transat A.T. inc. and Thomas Cook Group Airlines are pleased to announce the signing of a seven-year agreement for the exchange of aircraft on a seasonal basis. Under the terms of the agreement, Thomas Cook will make available every winter to Air Transat a number of narrow body Airbus A321s and will receive at least one wide-body Airbus A330-200 in return. This will enable both companies to manage and utilise their fleets more efficiently.

The agreement takes advantage of the different seasonality of the two companies: Air Transat uses a greater number of smaller aircraft in winter to serve its destinations in the Caribbean, Mexico and Florida, and larger aircraft in summer to serve the transatlantic market. In contrast, Thomas Cook uses smaller aircraft in summertime to fly to destinations around the Mediterranean Sea and larger wide-body aircraft in the winter to fly to the long-haul destinations like Cuba and the Dominican Republic.

“This agreement marks a new step in the reconfiguration of our fleet,” says Jean-Marc Eustache, President and Chief Executive Officer of Transat. “It allows us to improve our flexible-fleet model, making it even more efficient. Our fleet will eventually consist solely of Airbus A330 and aircraft from the A320 family, such as the A321, which will mean a more harmonized travel experience for our customers as well as lower operating costs,”.

Christoph Debus, Chief Airline Officer, Thomas Cook Group, said: “The new partnership provides additional growth opportunities for our airline, and again demonstrates how Thomas Cook Group is transforming through partnerships. By taking advantage of the complementary seasonal demand in North America and Europe, we will be able to operate additional long-haul flights during winter and better balance the seasonal demand for our short and medium-haul aircraft, resulting in more cost efficiency and choice for our customers.”
 

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