Thomas Cook, one of world's oldest travel companies, fighting to avoid bankruptcy

[MULTIZ321]

Thomas Cook, one of world's oldest travel companies, fighting to avoid bankruptcy.


https://www.foxbusiness.com/industrials/thomas-cook-news-travel-latest-flight.


Richard

 

[Talent312]

The Thomas Cook was reportedly the "inventor" of packaged tours.
Apparently, he was the first to offer bundled tours to Switzerland + Italy.
.

 

[MULTIZ321]

Travel firm Thomas Cook is reportedly 'set to go bust tonight' leaving 150,000 passengers stranded abroad


https://www.manchestereveningnews.c...s/travel-firm-thomas-cook-reportedly-16963526


Richard

 

[MULTIZ321]

Thomas Cook customers will not be stranded, vows Raab.


https://www.bbc.com/news/business-49785426.


Richard

 

[MULTIZ321]

British tour company ceases trading, bookings canceled.


https://www.foxnews.com/travel/thomas-cook-vacationers-tour-company-canceled-ceases-trading.


Richard

 

[Passepartout]

Thomas Cook Folds. 600,000 reservations cancelled. https://www.huffpost.com/entry/thom...-bookings-canceled_n_5d8827e7e4b070d468cee8ce
The British government said the return of the firm’s 150,000 British customers now abroad would be its largest repatriation in peacetime history.

 

[MULTIZ321]

Thomas Cook travel chaos: insolvency leaves 150,000 stranded on holidays - live updates.


https://www.theguardian.com/busines...aves-150000-stranded-on-holidays-live-updates.


Richard

 

[MULTIZ321]

None So Blind, Thomas Cook, As Those Who Don't Look.


https://www.forbes.com/sites/adamgordon/2019/09/23/blind-thomas-cook/#53612588dc91.


Richard

 

[MULTIZ321]

Thomas Cook's Condor says it has 240,000 customers currently abroad.


https://www.reuters.com/article/us-thomas-cook-grp-investment-condor-customers-idUSKBN1W80V1.


Richard

 

[bogey21]

I think they lost the fight...

George

 

[WVBaker]

https://www.foxnews.com/travel/thom...os-erupts-employees-laid-off-across-the-globe

"The growing popularity of the pick-and-mix type of travel that allows consumers to book their holiday packages separately, as well as new kids on the block like Airbnb, has seen the travel industry change beyond all recognition in the past decade, as consumers book travel, accommodation and car hire independently," said Michael Hewson, chief market analyst at CMC Markets

This may be the end to the travel agency business as we know it unless it recreates itself in some way. People are simply not booking their vacations in the same way.

 

[MULTIZ321]

Thomas Cook Airline Collapse Triggers Largest Peacetime Repatriation in U.K. History.


https://www.npr.org/2019/09/23/7633...rs-largest-peacetime-repatriation-in-u-k-hist.


Richard

 

[PigsDad]

I think the last time I personally used a travel agency was in the early 90's. I'm surprised they actually survived for this long.

Kurt

 

[Passepartout]

So Long, Condor. Been nice knowing you.

 

[clifffaith]

I'm quite impressed that the British government is chartering planes to bring folks home. That's going above and beyond IMHO.

 

[Sugarcubesea]

I think the last time I personally used a travel agency was in the early 90's. I'm surprised they actually survived for this long.

Kurt

I agree, I have not used a travel agency in over 10 years. Even my company has our employees book their own travel through the cheapest venue

 

[moonstone]

Our DDiL's sister is a flight attendant (not with Thomas Cook) and posted this RIP Thomas Cook video on her Facebook page this morning.

The scenery is amazing.


~Diane

 

[WVBaker]

Our DDiL's sister is a flight attendant (not with Thomas Cook) and posted this RIP Thomas Cook video on her Facebook page this morning.

The scenery is amazing.


~Diane

Word is, there are quite a few employees that feel quite different.

 

[am1]

I'm quite impressed that the British government is chartering planes to bring folks home. That's going above and beyond IMHO.

Sounds expensive and a lot of tax dollars.

 

[Passepartout]

I'm quite impressed that the British government is chartering planes to bring folks home. That's going above and beyond IMHO.

I suppose that getting 150,000 tax paying citizens home has less consequences than leaving them stranded all over the globe on their own. It would go far with public opinion. I'd imagine that those with travel insurance will be given the 'opportunity' to file claims. Let the travel insurance carriers slug it out with the bankruptcy trustees after the liquidation of Thomas Cook's assets.

Jim

 

[geist1223]

I read how some Hotels are trying to hold folks semi-hostge because they had not received payment from Thomas Cook. Going so far as locking their gates.

 

[T-Dot-Traveller]

Thomas Cook Airline Collapse Triggers Largest Peacetime Repatriation in U.K. History.

Wartime = Dunkirk ?


https://www.npr.org/2019/09/23/7633...rs-largest-peacetime-repatriation-in-u-k-hist.


Richard

I'm quite impressed that the British government is chartering planes to bring folks home. That's going above and beyond IMHO.

Upcoming Election

Sounds expensive and a lot of tax dollars.

150,000 voters + plus all their relatives = get them back

 

[MULTIZ321]

How secret plans saved Customers of Thomas Cook From being stranded.


https://www.theguardian.com/busines...-customers-of-thomas-cook-from-being-stranded.


Richard

 

[Talent312]

We flew Condor from Orlando to Frankfurt a few years back.
Decent fares, but seats lacked padding for those of us w-boney bottoms.
.

 

[MULTIZ321]

Thomas Cook crew members find out they've been laid off midflight, passengers claim: 'They were all in tears!'


https://www-foxnews-com.cdn.ampproj...om/travel/thomas-cook-crew-laid-off-midflight.


Richard