Thomas Cook Collapses Leaving Travellers Stranded

To those who love travelling and they had booked their tickets with Thomas Cook, the travelling giant has collapsed leaving thousands stranded all over the world. The oldest firm to have survived the World Wars, was liquefied, leaving holiday makers at loss. The famous firm ran hotels, flights, resorts and more for 19 million customers in a year in approximately 16 countries.

Today British Prime Minister announced that the government had rejected the request from Thomas Cook to bail them out on a price of 150 million pounds, and the government took the stance that it would be morally incorrect to do so. Fankhauser, the Chief Executive has issued a statement saying that he is apologetic to the employees, suppliers and partners who have been with Thomas Cook for so many years.

At this stage, confusion is inevitable. The British government has promised that it will arrange for everyone’s departure at its own cost and will also foot the bill of the customers in the Cook hotels. Absolute mayhem was seen at diverse locations that include Goa, Gambia and Greece. This would in future hit the tourism sector and Spain and Turkey are probably the ones to suffer the most.