Lifestyle

Thomas Cook bankruptcy: How the iconic travel brand went from transporting anti-liquor protesters in the 1800s to collapsing and stranding 600,000 passengers in 2019

Thomas Cook, the once-illustrious British travel company and airline, declared bankruptcy early Monday morning. Before failing to secure $US249 million in emergency funding and leaving 600,000 travellers stranded, Thomas Cook was one of the oldest and most respected travel firms in the world. Here is a look at the rise […]
Thomas Cook bankruptcy: How the iconic travel brand went from transporting anti-liquor protesters in the 1800s to collapsing and stranding 600,000 passengers in 2019
Strategy

Thomas Cook’s failure has left half a million people stranded abroad. Here are 9 of the worst company collapses in history.

Thomas Cook’s bankruptcy – which stranded 600,000 passengers and ruined travel plans – is just one example of disastrous company collapses. Lehman Brothers’ collapse wrecked the global economy and sunk the stock market. The Enron scandal showcased the lengths corporate financiers would go to defraud investors. Here are 9 examples […]
Thomas Cook’s failure has left half a million people stranded abroad. Here are 9 of the worst company collapses in history.
News

Passengers share vacation disasters from the Thomas Cook collapse, including a ruined $41,000 wedding and ‘being held hostage’ by angry staff at a Tunisian hotel

The British travel company Thomas Cook declared bankruptcy early on Monday, leaving about 600,000 people stranded around the world. Travellers affected by Thomas Cook’s collapse are sharing their stories of cancelled vacations, lost money, and even “being held hostage.” One woman told the BBC that she and her fiancé had […]
Passengers share vacation disasters from the Thomas Cook collapse, including a ruined $41,000 wedding and ‘being held hostage’ by angry staff at a Tunisian hotel
News

Roughly 600,000 travellers are stranded around the world after the British travel provider Thomas Cook declares bankruptcy

Thomas Cook, the storied British travel company and airline, declared bankruptcy early Monday morning. About 600,000 travellers, including 150,000 Britons, were left stranded, leading the British government to begin the largest peacetime repatriation effort in history. The tour operator was still scrambling to secure an additional £200 million, or $US249 […]
Roughly 600,000 travellers are stranded around the world after the British travel provider Thomas Cook declares bankruptcy