Thomas Cook Crashes, Leaving Thousands Of Tourists Stranded Across Europe

Published on :

Thomas Cook Group Plc collapsed under a pile of debt after talks with creditors failed, forcing the British government to hire charter planes to bring thousands of the 178-year-old travel company’s customers back home.   The company filed for administration early Monday after eleventh-hour negotiations to raise additional funding failed […]

Thomas Cook Airline Condor Says To Keep Flying, Seeks Government Loan

Published on :

Thomas Cook declared bankruptcy Monday after failing to secure a last-ditch rescue deal.   FRANKFURT AM MAIN:¬†Condor, the German airline subsidiary of British travel giant Thomas Cook, said Monday it would continue flying even after its parent company declared bankruptcy. Underlining that it had been “profitable for many years,” the […]