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Crisisizing travel group Thomas Cook stops doing business with immediate effect

2019-09-23T01:37:35.429Z


The search for new donors has failed: The British travel group Thomas Cook is broke. Affected are now also around 600,000 tourists.



Less than a month ago, tour operator Thomas Cook secured £ 900m. But the rescue package was not enough, and the recent negotiations have failed: now has the tourism company Thomas Cook, according to the British authorities ceased its business.

All flights were therefore canceled, informed the British air traffic authority in the night on Monday. Start a return campaign for vacationers.

Thomas Cook Group, including UK tour operator and airline, has ceased trading with immediate effect.

All #ThomasCook bookings, including flights and holidays, have now been canceled.

Visit: https://t.co/g4G2b6RlHc pic.twitter.com/BxJMv5Yaw1

- UK Civil Aviation Authority (@UK_CAA) September 23, 2019

The tour operator Thomas Cook, founded in 1841, runs hotels, holiday resorts, airlines and organizes cruises. Of the 105 aircraft in the group, 58 fly for the German holiday plane Condor. Thomas Cook has around 21,000 employees in 16 countries worldwide, of which about 4,500 are employed by Condor in Germany.

More in the near future at SPIEGEL ONLINE

Source: spiegel

All business articles on 2019-09-23

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