convair wrote: 16 Aug 2026, 00:58
fcw wrote: 15 Aug 2026, 12:32
Lux_avi wrote: 14 Aug 2026, 21:31
The airline losing money doesn’t mean it’s because of the seat only market… the impression that the package holiday clients will solve everything is not only outdated, but also completely wrong..
Exactly! When two entities of the same brand are closely interconnected, it is impossible, for an outsider, to determine which part is generating a profit and which is making a loss.
Just one example: in the event of a delayed flight, which entity is responsible for covering the compensation? The holiday part who makes the profit on the package deal or the airline which is making peanuts on the flight?
In a group, there can always be intercompanies invoices (e.g. for "services" etc...) which are often used for window-dressing one or the other entity.
What kind of window dressing? The total group has a huge debt, total amount -2.3 billion euro debt. Latest figures March of this year.
For TUI Belgium, the debt last year was -74 million euro. The cumulated amount: -224 million euro debt.
What drives TUI Belgium also in losses are the cruises who are not doing well.
BTW, the B787 who was transferred from BE to NL has a lot of technical issues. Many times delays, cancelled flights and frustration by the NL pax.
At the end, people are looking at their own pocket. If they find better prices, they will go for that.
I know quite some people who don't need to watch money, but they fly also all the time FR.