One of the world's oldest travel firms, Thomas Cook Group, has entered compulsory liquidation effective immediatelly. With all flights and tours cancelled, the collapse will affect hundreds of thousands travelers around the world.
It is estimated that at least 600,000 people all across the globe will be affected, forcing governments to coordinate with insurance companies and other airlines to help their citizens return home.
All Thomas Cook bookings, including flights and holidays, have now been cancelled.
I would like to apologise to our millions of customers, and thousands of employees, suppliers and partners who have supported us for many years, Chief Executive Peter Fankhauser said in a statement released early Monday morning.
https://news.yahoo.com/1-british-travel-firm-thomas-011404919.html