TC parent company

[vivian]

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.

[kes]

http://www.thisismoney.co.uk/markets/article.html?in_article_id=487462&in_page_id=3

[vivian]

Cheers Kes.

[John Crichton]

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