It currently has 600,000 people abroad, forcing governments and insurance companies to coordinate a huge rescue operation.
"We have worked exhaustively in the past few days to resolve the outstanding issues on an agreement to secure Thomas Cook’s future for its employees, customers and suppliers. "I would like to apologise to our millions of customers, and thousands of employees, suppliers and partners who have supported us for many years. This marks a deeply sad day for the company."
Most of Thomas Cook's British customers are protected by the government-run travel insurance program, which makes sure vacationers can get home if a British-based tour operator goes under while they are abroad.Getty Images
Oh, dear! This company started off as a way to get people to temperance meetings... now gone.
They've been around for years!
Blame Boris
Can still seek assistance from Norway's sovereign fund & from Deutsche bank & revive itself.
'600,000 travelers on edge' ... facing forced repatriation to Brexit Britain. Surely they can seek asylum? 🤔😉
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Fears 600,000 could be left stranded by Thomas Cook collapseMore than 600,000 vacationers who booked through tour operator Thomas Cook are now on edge, wondering if they will be able to get home.
Source: 9NewsAUS - 🏆 10. / 72 Read more »
Greta Thunberg made me rethink my air travelIt's choppy days ahead as the message of a young climate change activist and the flight shaming movement hits home Bat shit crazy. Lets flight shame the progressive, corporate leader Alan Joyce. You too should sail
Source: theage - 🏆 8. / 77 Read more »
Fears 600,000 could be left stranded by Thomas Cook collapseMore than 600,000 vacationers who booked through tour operator Thomas Cook are now on edge, wondering if they will be able to get home.
Source: 9NewsAUS - 🏆 10. / 72 Read more »
Design startup on quest to turn PowerPoint docs into 'beautiful web pages'Design startup on quest to turn PowerPoint docs into 'beautiful web pages' | msemmak
Source: smh - 🏆 6. / 80 Read more »
Journo ‘blown away’ by festival sightTom Tilley’s European tour of festival pill testing techniques left him with one searing memory. This is how the countries run by adults do festivals. Meanwhile Straya gets prohibition era lockout laws.
Source: newscomauHQ - 🏆 9. / 77 Read more »
Australia aims for the moon in NASA deal for $12 billion space programAustralian companies are being promised a $12 billion opportunity from an American plan to return astronauts to the moon within six years, under a new agreement between space agencies in both countries Let the dodgy private contracts begin. The party that make us pay Paladin and Eastern Australia Agriculture are totally gunna ensure everything will be above board One word: Why? Yet we couldn't support a non-makebelieve car industry.
Source: smh - 🏆 6. / 80 Read more »