Forbes contributors publish independent expert analyses and insights. Offering an insider’s view of the business of flight. The package holiday firm Thomas Cook has ceased operations overnight after ...
Hundreds of thousands of travelers are facing a nightmare scenario this week, with the collapse of tour operator Thomas Cook leaving them stranded abroad. All flights and vacations booked through the ...
A week ago, the giant British travel company Thomas Cook Group plc filed for compulsory liquidation, the U.K. equivalent of Chapter 7 bankruptcy, after negotiations with creditors and investors about ...
Its package tour business model was successful for 178 years, but as consumer demand changed and moved online, the company did not. By Shannon Sims After 178 years of operation, the British tour ...