United Kingdom

Eugene

(62,742 posts) Sun Sep 22, 2019, 09:09 PM Sep 2019

Thomas Cook collapses as last-ditch rescue talks fail

Source: BBC

Thomas Cook collapses as last-ditch rescue talks fail

23 September 2019

Thomas Cook has collapsed after last-minute negotiations aimed at saving the holiday firm failed.

The UK Civil Aviation Authority (CAA) said the tour operator has "ceased trading with immediate effect".

It has also triggered the biggest ever peacetime repatriation aimed at bringing more than 150,000 British holidaymakers home.

Peter Fankhauser, Thomas Cook's chief executive, said the firm's collapse was a "matter of profound regret".

The tour operator's failure puts 22,000 jobs at risk worldwide, including 9,000 in the UK.

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Thomas Cook collapses as last-ditch rescue talks fail (Original Post) Eugene Sep 2019 OP

We have booked with them often... BooScout Sep 2019 #1

BooScout

(10,407 posts)

1. We have booked with them often...

Reply to Eugene (Original post)

Mon Sep 23, 2019, 08:40 PM

Sep 2019

...they always had great deals to the Canaries and to Majorca. I'm just thankful we weren't currently on holiday with them. I was waiting until October to book something this year, which is a bit late for us.

I hate that so many people have lost their jobs and so many holiday makers have lost money with them.

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