Tag Archives: UK travel giant Thomas Cook collapses

LONDON: British travel group Thomas Cook on Monday 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 ($250 million, 227 million euros) from private investors to save it from collapse. “Despite considerable efforts, those discussions have …

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