Originally Posted by
oliver2002
TC was already looking to offload the airline operations earlier this year citing falling revenues that couldn't support the urgently required fleet renewal (DE's fleet alone is rather old: 21/20/24 yr old A320/B753/B763).
Two points:
One, the planes DE is flying don't belong to them. See the post from irishguy28 above.
Two, Thomas Cook Group Airlines was supposedly in ok-ish shape right until the collapse of the parent. Many people have stopped booking package tours, which is leading to a tough environment and consolidation among package tour operators.
But people still want to travel to PMI, FUE, LAS, PHX, HRG, PUJ, and so on. It's just that fewer tourists are gonna book a package tour. But they don't avoid DE and the other TC group airlines as such.
I'm not saying the market enviroment for Thomas Cook Group Airlines was easy as pie. But they were in better shape than some of the other airlines you mentioned. It's the parent dragging down the affiliates.