World’s oldest travel company Thomas Cook collapses, strands 500,000 people worldwide

  • 📰 ABC
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

U.K. government launches the biggest peacetime repatriation of its citizens after collapse of travel company Thomas Cook.

The U.K. government has launched the biggest peacetime repatriation of its citizens after the collapse of travel company Thomas Cook left over 150,000 Brits unable to return home and over 20,000 jobs at risk across the globe.

Reports in the British media suggest that the total number of European passengers stranded is 500,000, with 350,000 Germans believed to have been affected by the travel company’s collapse. “I know that this outcome will be devastating to many people and will cause a lot of anxiety, stress and disruption,” he told reporters. “First, I want to apologise to my 21,000 colleagues, who I know will be heartbroken. You all fought so hard to make Thomas Cook a success. Secondly, I would like to say sorry to all our customers, those who are on holiday with us now, and those who have booked with us in the coming months.

The Transport Secretary, lawmaker Grant Shapps, said that Thomas Cook’s collapse was “very sad news for staff and holidaymakers.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 471. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

UK said no to a corporate bail out of $300M. Too big to fail doesn't compute in the UK. How does that airline company fail when 500,000 folks were waiting to use their airline?

Something is cooking again in the world economies. This does not smell right, but I guess what do we know.

Yawn. Next?

Can we get a like button I don’t wanna love this post 😒this some bullshit

Thomas Cooked*

'Dont just book it, Thomas Cook it! Err, ummm, oh wait my bad..' 😂😂😂😂

No problem ! God Will Save The Queen

Most prefer to stay abroad than go back to broken brexit Britain

Ahh Brexit!

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Factbox: Key dates in the history of tour company Thomas CookThe bosses of Thomas Cook , the world's oldest travel company, were meeting...
Source: Reuters - 🏆 2. / 97 Read more »