A huge repatriation effort has begun after company ceases trading with immediate effect, causing flights to be cancelled
Summary: Thomas Cook collapses
Full story: Thomas Cook announces administration after last-ditch talks fail
Thomas Cook collapse: your questions answered
Boris Johnson: are directors to blame?
Unions: Government should have done more
How have you been affected?
https://www.theguardian.com/busines...aves-150000-stranded-on-holidays-live-updates
The firm runs hotels, resorts, airlines and cruises for 19 million people a year in 16 countries. It currently has 600,000 people abroad, forcing governments and insurance companies to coordinate a huge rescue operation.
https://globalnews.ca/news/5936407/thomas-cook-deal-uk/
Couldn't get a credit package to maintain their debts...so goodnight I lien.
The 600,000 people abroad are basically stranded and have to be rescued it looks like. By the government it looks like. At Tax payers expense it looks like.
Welcome to the world wide financial collapse it looks like.
(Just lie back and...) Enjoy ( It looks like).
Summary: Thomas Cook collapses
Full story: Thomas Cook announces administration after last-ditch talks fail
Thomas Cook collapse: your questions answered
Boris Johnson: are directors to blame?
Unions: Government should have done more
How have you been affected?
https://www.theguardian.com/busines...aves-150000-stranded-on-holidays-live-updates
The firm runs hotels, resorts, airlines and cruises for 19 million people a year in 16 countries. It currently has 600,000 people abroad, forcing governments and insurance companies to coordinate a huge rescue operation.
https://globalnews.ca/news/5936407/thomas-cook-deal-uk/
Couldn't get a credit package to maintain their debts...so goodnight I lien.
The 600,000 people abroad are basically stranded and have to be rescued it looks like. By the government it looks like. At Tax payers expense it looks like.
Welcome to the world wide financial collapse it looks like.
(Just lie back and...) Enjoy ( It looks like).
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