Travel more. Thomas Cook's case is closed.
The shaky travel sector is dependent on continuing uncertainty. The last one was Thomas Cook, none of us would name this travel giant to be totally busted one year ago. There's no such a rule of being too big to fail. They were too big to change. Name it, act fast or whatever else they haven’t done. That's a point. There isn't 178 years' history thing which does a trick to believe them. Retail? Yay. Consumers want what they want to and it's your fault not to serve them well. The travel industry is full of challenges: from fake news or climate change to war zones or lack of pilots. All of them are a layer of reality. So the reality of the travel industry is for your pleasure:
- Turkey break a record with 15M+ tourists to date (17% growth)
- Q1-Q2 China tourists spent $127,5B abroad (in 2018 alone spent $130B)
- The biggest airport project in the world (IST) opens its operations
- PEK & HND is 2 of TOP5 biggest airports (keep an eye on Asia)
- We will have 5 direct routes to Ukraine (WizzAir (W6): IEV, LWO, OZH / Ryanair (FR): KBP, HRK)
- All year round destination Egypt growths at 16,5% pace
- In Mauritius Hinduism is the major religion at 49% rate (Happy Diwali)
- There are 5 charter airlines taking Lithuanians to Turkey: GetJet, Freebird Airlines, Anadolu Jet, Onur Air, Corendon (to date 159k souls been on board)
- Airlines combined earned $160B in profits over the last 5 years
- Bookingcom sells 1.5M room nights per day
- MAX crashed twice
- Since 2017 operations were ceased by Thomas Chook Airlines, WOW Air, Monarch, airberlin, Adria, COBALT, XL Airways, Aigle Azur, Primera Air
- WeWork (new) management put on a list companies Gulfstream G650 for a $60M price tag