I was reading a Direct Holidays brochure last night and noticed that they are now offering a 5% discount if you pay in full at the time of booking – this is something I haven’t seen before and is, I’m sure, designed to help MYT’s cashflow situation.
I know MYT are ATOL registered and I’ve expressed my waryness about making a long term booking with MYT on here before (because of my own personal cirumstances and fear of disruption) and I’m just wondering what the situation is today.
They’ve survived most of the summer and look to be in reasonable shape to survive the rest of it. But what for next year? Have they turned the corner? If I book my Direct Holidays holiday for next summer, what are the chances of it actually materialising as opposed to ATOL having to refund me?
Fingers crossed things are improving…:)
By: SOFTLAD - 7th August 2003 at 10:26
Yeah we are both crew based at LBA ive was based at MAN for 9 years but got sick of the driving so i came over to LBA.We only live 5 min away.Another thing i forgot to say that is the company plans to take the EU to court over not letting them buy First Choice a few years back.If they win which i am told they will,then it will be worth 500 million.So fingers crossed on that one.
By: Pembo330 - 7th August 2003 at 10:21
This helps a great deal Softlad….thanks.
If they have funding till 2005, that’ll suit me.
Are you are your girlfriend both crew for MYT then?
By: SOFTLAD - 7th August 2003 at 10:12
All i can tell you is what i know.Things are looking much better now than six months ago.The main problem was the bank lending the company money just incase they went bust.They were able to get it until the end of november at first but that has now been extended till november 2005 so i am told.Anyway in my opinion i think they will be fine and ive just booked our honeymoon with them so they had bloody better be.Its a shame because the airline makes money its the other bits here and there that dont.If i thought we were going to go under both myself and the girlfriend would have left by now.But its your holiday and you want to look forward to it not worry so its down to you mate ? But dont listen to what the travel agents tell you as Lunn Polly are telling people that we are going bust in September,just trying to sell their own holidays i suppose but its not very nice to hear when its not true.Hope this helps ?
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August 7, 2003 at 9:50 am