), the world’s oldest travel firm, collapsed on Monday, stranding hundreds of thousands of holidaymakers around the globe and sparking the largest peacetime repatriation effort in British history.
1841 - Thomas Cook organizes his first excursion, a rail journey from Leicester in central England to the neighboring town of Loughborough. A special train carries some 500 passengers a distance of 12 miles and back for a temperance meeting. 1896 - Thomas Cook & Son is appointed Official Passenger Agent for the first modern Olympic Games in Athens.
1990 - Thomas Cook becomes the world’s leading foreign exchange retailer when it acquires the retail foreign exchange operations of Deak International. 2007 - Thomas Cook AG and MyTravel Group plc merge to form Thomas Cook Group plc, bringing a stronger Nordic focus with the incorporation of the Ving, Spies and Tjäreborg businesses.
May 16, 2019 - Company issues its third profit warning in less than a year, saying discounting and higher fuel and hotel costs will hurt it during the peak summer season.
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