{"id":234324,"date":"2019-09-16T06:58:07","date_gmt":"2019-09-16T04:58:07","guid":{"rendered":"http:\/\/www.travelreport.se\/?p=234324"},"modified":"2024-02-02T12:23:26","modified_gmt":"2024-02-02T12:23:26","slug":"wing-agars-crisis-more-urgent-authority-prepares-chaos-plan","status":"publish","type":"post","link":"https:\/\/www.travelreport.se\/en\/ving-agarens-kris-mer-akut-myndighet-forbereder-kaosplan\/","title":{"rendered":"Ving owner&#039;s crisis more acute - authority prepares chaos plan"},"content":{"rendered":"<figure class=\"wp-block-image\"><img fetchpriority=\"high\" decoding=\"async\" width=\"450\" height=\"299\" src=\"https:\/\/www.travelreport.se\/wp-content\/uploads\/2019\/05\/thomascook_440102556789578_thumb-e1558413153746.jpg\" alt=\"\" class=\"wp-image-233651\" srcset=\"https:\/\/www.travelreport.se\/wp-content\/uploads\/2019\/05\/thomascook_440102556789578_thumb-e1558413153746.jpg 450w, https:\/\/www.travelreport.se\/wp-content\/uploads\/2019\/05\/thomascook_440102556789578_thumb-e1558413153746-300x199.jpg 300w\" sizes=\"(max-width: 450px) 100vw, 450px\" \/><figcaption>Photo: Thomas Cook<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">The British aviation authority is now preparing for chaos if Ving owner Thomas Cook is forced to cancel its flights, Bloomberg reports.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Last week, Sky News revealed that the travel giant has agreed to a $1.3 billion rescue package with Chinese company Fosun Tourism. However, the company has still not managed to complete negotiations with bondholders who must approve the deal.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If the travel giant does not receive support from at least two-thirds of bondholders, the company risks running out of money as early as this month. Money that is particularly urgent for the company, which will be making advance payments for next year&#039;s season.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">To buy more time for negotiations, the Financial Times reports that the company has now tried to convince a British court to postpone a meeting scheduled for Wednesday with all bondholders. A group of hedge funds that have taken positions against the travel company are expected to demand financial compensation to approve the deal.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Charter travel pioneer Thomas Cook has long been pressured by poor profitability and has issued several profit warnings over the past year.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If Thomas Cook, with 178 years of experience, goes under, 21,000 jobs are at risk of being lost.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The company&#039;s shares fell 3.92 percent to 4.90 pence in Friday&#039;s trading.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Source: di.se<\/p>","protected":false},"excerpt":{"rendered":"<p>Den brittiska flygmyndigheten f\u00f6rbereder nu f\u00f6r kaos om Ving-\u00e4garen Thomas Cook tvingas st\u00e4lla in sina flygningar. Det uppger Bloomberg. F\u00f6rra veckan avsl\u00f6jade Sky News att resej\u00e4tten \u00e4r \u00f6verens med kinesiska Fosun Tourism om\u00a0ett r\u00e4ddningspaket p\u00e5 13 miljarder kronor. Men bolaget har fortfarande inte lyckats slutf\u00f6ra f\u00f6rhandlingarna med de obligationsinnehavare som m\u00e5ste godk\u00e4nna aff\u00e4ren. Om resej\u00e4tten [&hellip;]<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[297,2245],"class_list":["post-234324","post","type-post","status-publish","format-standard","hentry","category-travel-report","tag-tag-resebyraa","tag-thomas-cook"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ving-\u00e4garens kris mer akut \u2013 myndighet f\u00f6rbereder kaosplan &#8211; Travel Report<\/title>\n<meta name=\"description\" content=\"Ving-\u00e4garens kris mer akut \u2013 myndighet f\u00f6rbereder kaosplan \u2013 L\u00e4s senaste nyheterna fr\u00e5n resebranschen p\u00e5 Travel Report.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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