Thomas Cook, the world’s oldest travel company, collapsed on Monday, leaving 6,00,000 holidaymakers stranded across the globe and sparking the British government’s biggest repatriation since World War II as it scrambled to bring 150,000 UK tourists back home. The 178-year-old debt-plagued group, declared bankruptcy after failing to secure £200 million (Rs 1,770 crore) from private investors.
Thomas Cook, the world’s oldest travel company, collapsed on Monday, leaving 6,00,000 holidaymakers stranded across the globe and sparking the British government’s biggest repatriation since World War II as it scrambled to bring 150,000 UK tourists back home. The 178-year-old debt-plagued group, declared bankruptcy after failing to secure £200 million (Rs 1,770 crore) from private investors.
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