Glad I'm not on holiday abroad with Thomas Cook right now tbh

[TeePee]

I found a list of airline failures: https://www.protectmyholiday.com/new...-failures.aspx To me, this looks like Business As Usual.

So I was hanging out at the airport, scanning that list, when this happened:



Maybe there's a future for Thomas Cook yet...

[Jonatron]

Sorry for posting fake news! Polar airlines and Polar air cargo seem to be running... Not on the list is this one: https://en.wikipedia.org/wiki/Arctic_Air_(Norway) . Hopefully someone can find a real list

[TeePee]

Sorry for posting fake news! Polar airlines and Polar air cargo seem to be running... Not on the list is this one: https://en.wikipedia.org/wiki/Arctic_Air_(Norway) . Hopefully someone can find a real list

There's a lot of them! I didn't see New Mexico Airlines on there, but I did see Great Lakes, known in the industry as 'Great Mistakes'. For a long time their starting pay for pilots was $14,400 a year. After years of cancelling flights for no crew, they started removing more than half the seats from the airplanes, to allow them to operate under different rules with a single pilot.... Don't anyone tell Ryanair...

[Macman]

https://metro.co.uk/2019/09/24/thoma...apse-10796972/

"Chief executive Peter Fankhauser, who announced the company’s collapse in the early hours of Monday morning, has taken home £8.4 million since 2014, including £4.6 million in bonus payments, it has been claimed.

In total, directors at the UK’s oldest travel agency are accused of giving themselves a collective £47 million in pay and bonuses in the last 10 years."

[[GSV]Trig]

And that is probably going to be a running theme with companies that you see fold under the "Brexit" banner..
Make sure your company and staff are happy, then take a slice if thats your thing, failing that reinvest and constantly reinvent the company to make sure it stays relevant and in business.