Arillas Forum

Welcome to Arillas => Corfu Flight Board => Topic started by: vivian on July 15, 2009, 01:48:59 PM

Title: TC parent company
Post by: vivian on July 15, 2009, 01:48:59 PM
Hi, I hope somebody (hopfully Joe is looking in) can answer this. About half hour ago while wating for a bus I was earwigging and somebody said that TC.s perant company had gone bust. Not quite sure what that means or if it affects our TC flights.
Title: Re: TC parent company
Post by: kes on July 15, 2009, 02:03:37 PM
http://www.thisismoney.co.uk/markets/article.html?in_article_id=487462&in_page_id=3
Title: Re: TC parent company
Post by: vivian on July 15, 2009, 05:10:24 PM
Cheers Kes.
Title: Re: TC parent company
Post by: John Crichton on July 15, 2009, 08:39:30 PM
This one's been doing the rounds for a couple of months now - the thing to remember is that TC, as a complany and it's finances are ring fenced apart from the German Parent.

I think things will be fine for all but if not - the worse case scenario is that ABTA/ATOL will protect thru their cover - plus if you paid for the Holiday via CC then you have double coverage.

I know that's no help if you DO lose your Hols but I really think it's just not gonna Happen to TC.

Giff