It currently has 600,000 people abroad, forcing governments and insurance companies to coordinate a huge rescue operation.
"We have worked exhaustively in the past few days to resolve the outstanding issues on an agreement to secure Thomas Cook’s future for its employees, customers and suppliers. "I would like to apologise to our millions of customers, and thousands of employees, suppliers and partners who have supported us for many years. This marks a deeply sad day for the company."
Most of Thomas Cook's British customers are protected by the government-run travel insurance program, which makes sure vacationers can get home if a British-based tour operator goes under while they are abroad.Getty Images
Oh, dear! This company started off as a way to get people to temperance meetings... now gone.
They've been around for years!
Blame Boris
Can still seek assistance from Norway's sovereign fund & from Deutsche bank & revive itself.
'600,000 travelers on edge' ... facing forced repatriation to Brexit Britain. Surely they can seek asylum? 🤔😉
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