Dec 5, 2018

Thomas Cook: What's gone wrong at the holiday firm?

Travel firm Thomas Cook has come a long way since its formation in rural Leicestershire during the early Victorian era. One potential move being discussed as a partial solution to Thomas Cook's current financial headwinds, is the potential for the firm to sell its airline, which operates 94 aircraft. According to Mr Gordon, it all means that Thomas Cook may need "Some kind of fundraising" in the near future. "It has actually replaced Thomas Cook as the second biggest tour operator. They have picked up a lot of the bread and butter holiday market that Thomas Cook used to have." "A lot of people emotionally feel they have a share in the ownership of Thomas Cook - it was nationalised once after all. It is a shame to see such a great brand name held in such contempt by the market."

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