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Travel

Eugene

(62,657 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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4 replies

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

Wow. I went to Europe with Thomas Cook traveler's checks. Or cheques. mahatmakanejeeves Sep 2019 #1

Yeah, ATMs and credit cards doomed the the traveler check dawg day Sep 2019 #3

How sad. greatauntoftriplets Sep 2019 #2

Yes, the OLDEST travel agency. elleng Sep 2019 #4

mahatmakanejeeves

(60,969 posts)

1. Wow. I went to Europe with Thomas Cook traveler's checks. Or cheques.

Reply to Eugene (Original post)

Sun Sep 22, 2019, 09:29 PM

Sep 2019

That was a while ago. At that time, I was acquiring their Continental and International railroad timetables, which a nearby library gave me when the new copies came in.

Who would have guessed?