Peter Frankhauser
Europe
Thomas Cook bankruptcy leaves thousands jobless
Thomas Cook employees were in tears on the dawn of 23 September when they received the news that the UK’s oldest airline and holiday package provider with 178 years of history went under. The collapse left 21,000 people out of job – with NO PAY!
Airlines and Aviation
Thomas Cook goes bankrupt, but why?
Thomas Cook Group, one of the oldest travel firms and once considered as a pillar in the industry, has entered compulsory liquidation effective immediately. All of its flights and tours were all cancelled leaving hundreds of thousands of customers and employees in limbo.
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