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Thomas Cook goes into involuntary receivership

bilby

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Thomas Cook, the world's largest and oldest travel agency imploded at midnight London time today, going into involuntary receivership after a bailout from a major Chinese shareholder fell through.

This leaves around 150,000 mostly British tourists unable to get home, as all flights and tickets have been cancelled.

Hundreds of thousands more have paid for holidays they were about to start, but have been told not to go to the airport, and may well lose any money paid for holidays that they will now not be able to take.

This is a massive clusterfuck; The UK Civil Aviation Authority are scrambling to find a way to repatriate these tens of thousands of people, in what will be the largest peacetime repatriation effort in history.

https://www.theguardian.com/business/live/2019/sep/23/thomas-cook-travel-chaos-insolvency-leaves-150000-stranded-on-holidays-live-updates
 
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