Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Sept 23, 2019 8:28:52 GMT
Seems ATOL is run by the CAA its run by the dept of transport. Maybe since they last saved monarch passengers there is not enough money in the account and it needs topping up. I am not to sure of his figures though 100m plus 400 - 500 million. Even if it cost every passenger £1000 to get home. Flights, couple of nights in a hotel and a bit of grub that's only £150 million it can't cost 4k per passenger. ETA I see you have the same calculations. And beat me ATOL has the funds. Currently the taxpayers contributions are covering people not covered by ATOL - that is my understanding anyway.
|
|
|
Post by thebfg on Sept 23, 2019 8:37:30 GMT
Seems ATOL is run by the CAA its run by the dept of transport. Maybe since they last saved monarch passengers there is not enough money in the account and it needs topping up. I am not to sure of his figures though 100m plus 400 - 500 million. Even if it cost every passenger £1000 to get home. Flights, couple of nights in a hotel and a bit of grub that's only £150 million it can't cost 4k per passenger. ETA I see you have the same calculations. And beat me ATOL has the funds. Currently the taxpayers contributions are covering people not covered by ATOL - that is my understanding anyway. Is it possible that any TC customers are not covered by ATOL. Aren't all their holidays and flights covered? If your not covered it's down to tour travel insurance and/or credit card issuer to deal with surely.
|
|
|
Post by Clinton Cool on Sept 23, 2019 8:41:17 GMT
150,000 customers are overseas. I know that governments aren't renowned for the best efficiency but £4,000 for each stranded passenger for a single flight when they probably paid a few hundred quid for their package, really? Maybe the 600M was to cover flights, hotels of people both abroad and already booked (but not left the UK yet) - all supposedly covered by ATOL. Not really sure yet but I currently think ATOL are picking up most of the bill with the Gov doing a bit of 'Grandstanding'. That would make sense. I really wish the media would report accurately on these things, rather than falling in with governmental grandstanding. Some of us like to understand these things.
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Sept 23, 2019 8:45:27 GMT
ATOL has the funds. Currently the taxpayers contributions are covering people not covered by ATOL - that is my understanding anyway. Is it possible that any TC customers are not covered by ATOL. Aren't all their holidays and flights covered? If your not covered it's down to tour travel insurance and/or credit card issuer to deal with surely. You could book flights only which means you are not covered by ATOL, possibly hotels as well. As with Monarch the Government has decided it's a big enough issue affecting enough people so they have decided to get involved as a matter of urgency (rightly so in my opinion) - hopefully some of the money can be reclaimed from the insurance/credit card companies but right now get people home and sort it all out later seems a reasonable attitude to me.
|
|
|
Post by naughtyfox on Sept 23, 2019 9:19:00 GMT
I wonder if Remainers get brought home first, knowing this government?!
Don't forget, all these people chose to go abroad and spend their money in foreign countries, when they could have had a jolly good time in Skegness and Buying British.
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Sept 23, 2019 9:34:43 GMT
ATOL has the funds. Currently the taxpayers contributions are covering people not covered by ATOL - that is my understanding anyway. Is it possible that any TC customers are not covered by ATOL.Aren't all their holidays and flights covered? If your not covered it's down to tour travel insurance and/or credit card issuer to deal with surely. ATOL protection only covers you if you have bought the holiday as a package ie Flights and Hotel together. You also may get protection if you book on a site that you click through to flights/hotels from what ever you booked first. If you booked flights only you do not normally get ATOL protection and have to rely on your travel insurance (if it covers an airline going bust), or cover provided by your credit/debit card provider.
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Sept 23, 2019 9:36:44 GMT
I wonder if Remainers get brought home first, knowing this government?! Don't forget, all these people chose to go abroad and spend their money in foreign countries, when they could have had a jolly good time in Skegness and Buying British.As somebody who regularly holidays in a country that is not their main country of residence that is a rather daft and hypocritical thing for you to say.
|
|
|
Post by bodger on Sept 23, 2019 10:23:32 GMT
there are various reasons why they went bust, but the fall in the value of the pound is cited as one issue. apparently the hotels do not get payment for several weeks after the guest leaves, so the money paid by the customer in January won't be enough to pay the bill that will be raised in October. one spin-off of this is that some hotels are, quite reasonably in my view, not allowing guests to leave until their bill is paid, so in effect they are being held hostage; perhaps the rescue process includes settling those bills.
|
|
|
Post by bodger on Sept 23, 2019 10:26:14 GMT
I wonder if Remainers get brought home first, knowing this government?! Don't forget, all these people chose to go abroad and spend their money in foreign countries, when they could have had a jolly good time in Skegness and Buying British.As somebody who regularly holidays in a country that is not their main country of residence that is a rather daft and hypocritical thing for you to say. ...................... and that shouldn't come as a surprise. the fuxx makes it up as he goes along, supported by endless unattributed quotations.
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Sept 23, 2019 10:51:19 GMT
there are various reasons why they went bust, but the fall in the value of the pound is cited as one issue. apparently the hotels do not get payment for several weeks after the guest leaves, so the money paid by the customer in January won't be enough to pay the bill that will be raised in October. one spin-off of this is that some hotels are, quite reasonably in my view, not allowing guests to leave until their bill is paid, so in effect they are being held hostage; perhaps the rescue process includes settling those bills. It's hardly 'reasonable' to unlawfully detain someone who has already paid for their holiday. It's an issue between Thomas Cook and the Hotels pure and simple nothing to do with the guests. They would definitely get short shrift from me if they pulled that one on me. Apparently the Turkish government have threatened legal action against any Turkish hotel that tries that.
|
|
|
Post by Clinton Cool on Sept 23, 2019 11:02:53 GMT
there are various reasons why they went bust, but the fall in the value of the pound is cited as one issue. apparently the hotels do not get payment for several weeks after the guest leaves, so the money paid by the customer in January won't be enough to pay the bill that will be raised in October. one spin-off of this is that some hotels are, quite reasonably in my view, not allowing guests to leave until their bill is paid, so in effect they are being held hostage; perhaps the rescue process includes settling those bills. It's hardly 'reasonable' to unlawfully detain someone who has already paid for their holiday. It's an issue between Thomas Cook and the Hotels pure and simple nothing to do with the guests. They would definitely get short shrift from me if they pulled that one on me. Apparently the Turkish government have threatened legal action against any Turkish hotel that tries that. I find myself agreeing with you, what the hell is going on?
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Sept 23, 2019 11:05:56 GMT
Epic fails R fun
|
|
|
Post by naughtyfox on Sept 23, 2019 11:08:35 GMT
I wonder if Remainers get brought home first, knowing this government?! Don't forget, all these people chose to go abroad and spend their money in foreign countries, when they could have had a jolly good time in Skegness and Buying British.that is a rather daft and hypocritical thing for you to say. It doesn't make it any less true. And just how would you have dealt with those 'armed guards' at the door of a hotel in Turkey keeping you hostage?
|
|
|
Post by thebfg on Sept 23, 2019 11:08:58 GMT
there are various reasons why they went bust, but the fall in the value of the pound is cited as one issue. apparently the hotels do not get payment for several weeks after the guest leaves, so the money paid by the customer in January won't be enough to pay the bill that will be raised in October. one spin-off of this is that some hotels are, quite reasonably in my view, not allowing guests to leave until their bill is paid, so in effect they are being held hostage; perhaps the rescue process includes settling those bills. Their massive debt may have been a big factor. ETA failure to repay debt payments is what is being cited.
|
|
|
Post by Clinton Cool on Sept 23, 2019 11:09:24 GMT
there are various reasons why they went bust, but the fall in the value of the pound is cited as one issue. apparently the hotels do not get payment for several weeks after the guest leaves, so the money paid by the customer in January won't be enough to pay the bill that will be raised in October. one spin-off of this is that some hotels are, quite reasonably in my view, not allowing guests to leave until their bill is paid, so in effect they are being held hostage; perhaps the rescue process includes settling those bills. Any business of this size taking part in an activity where international exchange rates could play a direct part in whether they make a profit or a loss would be reckless in the extreme if it didn't hedge against currency fluctuations. Buying U.S. Dollars is the obvious path to take, but perhaps not obvious enough for the now defunct Thomas Cook management.
|
|