Thomas Cook flights and bookings cancelled as tour operator collapses

Thomas Cook has collapsed after desperate last-minute negotiations to secure a £200m bailout deal to save the tour operator failed.

The UK Civil Aviation Authority (CAA) said the business, one of the world's oldest and largest travel companies, had "ceased trading with immediate effect".

Talks between the travel company and creditors which took place today failed to produce the  money needed to keep the firm from going into insolvency.

An overnight miracle...
source: Liverpool Echo

2019-09-23 10:11
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