British travel giant Thomas Cook declares bankruptcy | The Malaysian Insight

British travel group Thomas Cook has failed to secure £200 million from private investors to save it from collapse. – EPA pic, September 23, 2019.

BRITISH travel group Thomas Cook today declared bankruptcy after failing to reach a last-ditch rescue deal, triggering the UK’s biggest repatriation since World War II to bring back stranded passengers. The 178-year-old operator had been desperately seeking £200 million from private investors to save it fromEffective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

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Travel giant Thomas Cook fails to find private funds to avert collapse | The Malaysian InsightTravel giant Thomas Cook fails to find private funds to avert collapse
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Travel firm Thomas Cook collapses, stranding hundreds of thousands of travellersLONDON (Reuters): Thomas Cook, the world's oldest travel firm, collapsed on Monday (Sept 23), stranding hundreds of thousands of holidaymakers around the globe and sparking the largest peacetime repatriation effort in British history. jezlai see this is how it works. A company fails it fails. NoBailout i always thought Thomas Cook was a bank? don’t they used to issued Thomas Cook cheque?
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