Hundreds of thousands of travelers are facing a nightmare scenario this week, with the collapse of tour operator Thomas Cook leaving them stranded abroad. All flights and vacations booked through the ...
In the end Thomas Cook was a victim of that serial company killer – debt. When you owe £1.7bn, not much needs to go wrong to ...
With 150,000 of its British customers currently abroad, the company’s collapse has prompted the biggest ever peacetime repatriation by the UK Civil Aviation Authority (CAA). Peter Fankhauser, Thomas ...
Thomas Cook Group can arguably trace its collapse back more than a decade, to a round of leisure industry consolidation which resulted in its creation through a 2007 merger between German-owned Thomas ...
Thomas Cook bosses have come under fire for taking multimillion-pound pay-outs before the 178-year-old travel company collapsed. Accusations of “fat-cat” greed began to emerge as the Civil Aviation ...
Forbes contributors publish independent expert analyses and insights. Offering an insider’s view of the business of flight. The package holiday firm Thomas Cook has ceased operations overnight after ...
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