FlyerTalk Forums - View Single Post - Thomas Cook Enters Compulsory Liquidation
Old Sep 25, 2019, 12:08 pm
  #152  
thbe
 
Join Date: Jun 2015
Posts: 1,481
Originally Posted by speed.skater
I view it differently.
I don't see what is different to what I've written.

Yes, maybe it's TUI who will buy Condor. Maybe it's Lufthansa. Maybe it's someone else. The most likely buyers at this moment - TUI and LH - are both not in their best shapes - even if they are more healthy than their competitors. In every case there will be changes of Condor due to its integration in a new structure. Changes means problems for a while. And there is still the risk of bankrupty - if the potential buyers prefer to buy parts from Condor instead of buying the whole company.

Based on that I won't book a Condor flight now and in the next months and many other customers won't book a Condor flight for the same reasons.

I agree that it's very likely that a buyer will use the Condor brand. But brands haven't much to do with operations.

And I'm wondering about speculations about Condor's profitability. Condor was part of a large group. In a large group the profitability of a single legal entity doesn't mean a lot. The truth is, that you can not predict the profitability of Condor when it's not part of TC. It is very unlikely, that Condor is viable on its own.
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