Here we go again

[kirky]

Yes your spot on bigdaddydawg they took over flights from onur air at inflated prices like other airlines at time !

[Rami Off Work]

agree 100% - I could not believe how they wanted to maximize on their profits this summer.. I thought it was way too opportunistic.

One may argue that maximizing on profits is what a companys core job is. I do not agree. You can still earn a living, employ many people, put back in to the market you earn from and by not acting greedy, you could assure this cycle to go on for many years to come ensuring a trust worthy brand name and image. But instead of trying to keep a good brand image, TC decided to go huge and undercut all players in the market and hold a monopoly in travel industry.

My argument and the list of things they done wrong in Icmeler on my perspective could go forever, aggressive contracting to hoteliers, under paying property owners, taking exclusivity at various properties just so no competition could enter it but not fullfilling its promises to the hotelier therefore causing poor services to be received by the customers, not giving any sincere care to its customers, underpaying its employees, no regional social awareness programs as in planting a single tree on Icmeler hills..

A huge company selling holidays and making its money from many hoteliers around the world in many different regions but not putting anything back into that region... In other words, taking 20 but only giving 1 back. A company that has been around since the 1800's should have known better so at last, I dont think they will go under at all, if anything they will downsize a bit and hopefully trade in better terms for both the suppliers and the consumers but If they dont and keep milking the holiday maker and the hotelier then I can only hope for them to disappear for the sake of everyone although such ending would cause alot of trouble for us in the industry.

[dragon]

Don't panic. As long as you've booked with a credit card you're covered for your flights and for consequential losses. Thanks again to sue for this information. I certainly wouldn't pay for anything at all over £100 any more without the protection of a credit card and from past experience they pay out quickly. It does feel a bit like groundhog day though

[weetoony]

Spot on dragon. We are going for the most unwanted hat trick ever after Scottravel and Excel Air, having booked flights and accommodation for 2012 with Tommy's companies.
At least, having booked by credit card in the past, we have never lost a penny, or a holiday and it will be the same this time if Tommy goes belly up. If he does, I hope that it's not in the last two weeks in August as it's a bugger trying to reorganise for two weeks later.
We firmly believe that the German banks who are the main creditors/backers of TC will allow a bail out and allow them to try to resolve the situation as, believe it or not, they do actually make money.

[juju]

Just heard their bank has reached agreement with them and they will be fine until at least 2013 so anyone who's booked with them will be ok..

[jnesbitt]

This happens every year when T C put the figures to the city, the media are all over it, scare monging to the public. its been a tough couple of seasons with ash clouds,unrest in Tunisia, Egypt and all the travel companys were hit by this, but because other travel agents dont have to make their figures public, we dont find out how much, tui and the others have done !! at least they got the backing from the banks