LONDON - Thomas Cook, the world's oldest travel firm, collapsed on Monday , stranding hundreds of thousands of holidaymakers around the globe and sparking the largest peacetime repatriation effort in British history.
Pictures posted on social media showed Thomas Cook planes being diverted away from the normal stands, and being deserted as soon as they had landed. "This marks a deeply sad day for the company which pioneered package holidays and made travel possible for millions of people around the world," he said.It said it made an application to enter liquidation and that an order had been granted to appoint an official receiver to liquidate the company.
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