• İstanbul 29 °C
  • Ankara 32 °C

Iconic British tour operator Thomas Cook collapses

Iconic British tour operator Thomas Cook collapses
British government says bookings and flights with the operator stand cancelled affecting 150,000 travelers


LONDON (AA) – One of Britain’s biggest holiday operators and airline, Thomas Cook has “ceased trading with immediate affect”, the U.K. Civil Aviation Authority said on Monday morning.

“All Thomas Cook bookings, including flights and holidays have now been cancelled,” the authority said.

Peter Fankhauser, the chief executive of Thomas Cook, said the tour operator’s collapse was a “matter of profound regret”.

He also apologized to the company’s millions of customers, and thousands of employees. It is believed that around 150, 000 people are expected to be affected by the cancelled flights.

“The government is working with the U.K. Civil Aviation Authority (CAA) to help passengers return to the U.K.,” a government statement said.

The group’s four airlines will be grounded and its 12,000 employees in 16 countries as well 9,000 in the U.K., are expected to be losing their jobs, due to insolvency.

The collapse of the iconic 178-year-old British tour operator came, due to financial difficulties and failure to secure a deal of around £1.1 billion ($1.37 billion).


source: News Feed
This news is a total 44 time has been read
UYARI: Küfür, hakaret, rencide edici cümleler veya imalar, inançlara saldırı içeren, imla kuralları ile yazılmamış,
Türkçe karakter kullanılmayan ve büyük harflerle yazılmış yorumlar onaylanmamaktadır.
This news yet comment has been added .
Other News
All Rights Reserved © May 2014 US Muslims | Unauthorized and the resources published.
Haber Scripti: CM Bilişim