Thomas Cook collapses as thousands left stranded abroad

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BREAKING: Thomas Cook collapses into administration as thousands left stranded abroad

Richard Moriarty, the chief executive of the UK Civil Aviation Authority , said the Government had asked his organisation to launch "the UK's largest ever peacetime repatriation".

 

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Excellent news . One less company killing our planet

My heart goes out to all the employees and lower management who have lost jobs because of Thomas cook going under, to all higher management and share holders that got payouts and bonuses. If hell exists you have a place waiting for you!

Any hotel that has kicked people out should be named and shamed! I’d like to know to avoid these hotels in the future

I'm sure the head of Thomas Cooke will start another company soon eh? gotta keep the yatch afloat. yuk,

the head of t cook has walked away with millions in his pocket! if there was any justice his bank act would be frozen and the money shared amongst employees but there is no justice! people are too stupid to learn. they get what they deserve. rotten govt, rotten companies..

MLA_Karen 1000s is an understatement 600,000 people stranded by Thomas Cook collapse. SIX ... HUNDRED ... THOUSAND. Thats about 2,400 plane loads which means 2,400 aircraft charters. Where are these planes going to come from and how long will this take 😲!

30 million bonus pot for the execs. Dole for the workers. Vote fucking Labour

Why didn't the Government help Thomas Cook, saving thousands of jobs. They've done it in Germany? It seems the only bail out is for banks and were still paying the price.

Just a bit of chaos & a few job losses, we went through during the war eh?

They aren’t being left stranded tho are they?

ThomasCookUK ThomasCookCares So I am stuck in the States? x

It’s been a financial ‘Black Hole’ for years No use blaming ‘The Government’ or some even blaming Brexit 😂 No doubt Labour will score cheap political points on the backs of the unfortunate people who have lost their jobs ! 🤷‍♂️

stanyee yikes. I enjoyed flying with ThomasCookUK.

It’s all down to the racists like Rees Mogg and Johnson, who have caused idiots who would normally use TC for their package holidays to Benidorm, to vote Brexit and now they are paying the price! irony

An era of travel has come to an end.

Gotta wonder what horrors are the real reason for 'Thomas Cook Travel's sudden demise ...

This is really sad news. And Brexit is to blame. Yet still the Leavers cry 'Project Fear'!

Waiting for BorisJohnson to step in and promise Thomas Cook will make a remarkable recovery as soon as no-deal Brexit has gone through

So the government is happy to spend millions on mythical super spending on order to win elections, millions on project Brexit and millions on a CAA nightmare that could have been avoided, and yet it is happy to see jobs and holidays destroyed over ethical economic tripe . SHAME

If the bosses wasn't so greedy people wouldn't be left without holidays and without a job

Feel sorry for the passengers and the work force but not for the company and it's admin team who brought the company into this situation.

Si_G__ Cook got cooked..

Very very sad for all concerned.

fruitdaehwi this is like my worst fear

Thomas Crook ? ThomasCookcollapse thomascookairlines ThomasCook mondaythoughts

christopherhope Brexit is good for jobs?

Such a shame to hear. Thomas Cook one of the oldest tour operators since 1847.

KingOfWrong My brother was telling me about this last night. Its been going for years and now gone.

So this is not only in Africa

Sort your headline out

Anna opp-

My thoughts are with all the passengers and employees but most of all the [please register to read the rest of this tweet]

No mention that they’re blaming Brexit? Why is that? 🤔

This is nuts 🙀

I assume the staff didn't know but still selling holidays right up to the last minute.Those people will have to wait for a refund or they won't get one at all . This is what happened to my mum when MFI shut up shop my mum lost a £6.0000 kitchen as creditors seized all goods !

christopherhope I can't wait to hear from a multitude of anonymous brexit accounts, who are all experts in international travel business, confidently stating this is absolutely nothing to do with brexit whatsoever.

we were meant to be in portugal with them atm! Cancelled as the hotel backed out of contract and we got refund. Kinda was regretting it, but now, I'm breathing a sigh of relief I'm not stuck there... all those people are now added to the list of the unemployed, such a shame!

christopherhope BECAUSE OF Brexit, forgot to mention that didn't you.

So sad that this can happen to such a large organisation and a further injection of cash would only delay the inevitable. Makes me angry reading about the huge bonuses awarded to the senior management 😡

Apparently they needed £200 million to save the company , The estimated cost of repatriation alone is estimated at around £300 million of U.K taxpayers money . Perhaps the £200 million may have been a better option, and have appointed officers take over the running

Get used to things collapsing, Britain.

Genuinely gutted for all the hard working employees. ThomasCook is a major employer in Peterborough and this will be a massive blow to the city.

Headline wrong. It is in ‘compulsory liquidation’ not ‘administration’ (very different)

Does this now mean TUI has a monopoly 🤔 thinking of the thousands of people who have lost their jobs 😞

Sad for the passengers and work force. But not a tear will be shed for Thomas Cook. Been coming for years and they ignored the warnings.

What a heartbreaker for all their staff and partners - Brexit claims another firm - sadly not the last. Brexit

With TC being in financial trouble for a very long time and desperately looking for a Chinese buyer. Why would you buy a flight with them. They were in some serious trouble early this year and I think the bbc reported it. The travel agents I’ve used were telling me not to use tc

You say it best when you say nothing ATOL

Still blue passports. Well done the telegraph.

22.000 people just lost their jobs.

And brew it hasn't even happened yet. This will be the first of many

They’re not stranded !! Scaremongering again! 😡 all are getting home

I cant believe that no-one could save them.

And thousands left without a job. More important than holidays that can be refunded

I’m hoping my mum and partner get home quick and safe 😔 sad news for them who’s lost jobs

I’m one of those customers you refer to as “stranded abroad” flight home has already been replaced CAA on the ball excellent response.

GOT THAT? WSJ business MSNBC cnni BuzzFeedNews OccupyWallStNYC OccupyWallSt HuffPost washingtonpost UK Will fold like stacked cards. FOR decades they’ve financed with easy but Dirty Russian money and it has dried up thanks to Europol moneylaundering prosecutions.

Brexit is working. Holidays abroad are treason. We should bask in Blighty sipping British fizz.

Legally the Government could have used public funding to intervene in ThomasCook, but should they have done?

Tory government couldn't outlay 200 million to save someone spending 600 million getting people home..

So sad that Thomas Cook couldn't find a solution. My thoughts are with the thousands of staff who have lost their jobs. I hope those abroad will be brought back home safely.

No surprise in the end.

But Muh efficiencies of capitalism

The Greta effect

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