By Nika ShakhnazarovaTHOMAS Cook is risking a collapse after its share price tumbled another 40 percent after losing nearly £1.5billion.PA:Press Association
Analysts at investment bank Citigroup yesterday branded their shares "worthless" and said they should be marked at zero.It also said that there have been several bids for all or bits of its business.is under review, plus there are more "cost efficiencies" planned.What if I have a holiday and flights booked?
If a travel company with an ATOL ceases trading, the scheme protects customers who had booked holidays with the firm - making sure they don't get stranded abroad or end up out of pocket.What are my rights if the company goes bust? If you're yet to travel, your first action should be to contact the travel company to make sure that your booking is in place.WhichIf your booking is going ahead, then your travel arrangements should continue unaffected. It’s important to keep all your booking information and make a record of your correspondence.
Totally untrue. If you’ve books flights, turn up at the airport and get on it.
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