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Thomas Cook customers fly home after a solid collapse

Media playback is not supported on your device. Media Signature The passengers of Thomas Cook are about to make a long journey home. The first of 155,000 British tourists flew home Monday after the collapse of travel agent Thomas Cook. The Civil Aviation Authority (CAA) coordinates the largest peacetime repatriation after the tour operator "ceased trading with immediate effect". The …

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Felicity Huffman was mocked by Thomas Lennon for imprisonment

CLOSE The conviction of Felicity Huffman gives prosecutors a significant benefit by seeking imprisonment for other historically accused parents. USA TODAY Felicity Huffman was not received warmly in the Emmys. The award-winning Emmy actress, sentenced to 14 days in jail for her involvement in the college admissions scandal, was murdered at the Primetime Emmy Awards at the Microsoft Theater Sunday …

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Thomas Cook's death is likely to alarm the entire travel industry

The saga of Thomas Cook is sad and miserable – and annoying to the hundreds of thousands of customers who may have been stranded far from their homes. Regardless of the outcome of the rescue talks that began yesterday, our altered habits and technologies will cause the Thomas Cook brand to never be the same again. What happened? Thomas Cook …

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The future of Thomas Cook hangs in the balance

Image Rights Reuters The future of Thomas Cook hangs in the balance between last-minute negotiations to save the holiday business from collapse. The Civil Aviation Authority has aircraft in operation readiness in case the tour operator falls into the administration. The BBC is aware that these planes are now being flown to destinations so British tourists can be brought home …

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British travel company Thomas Cook conducts talks to avoid collapse

Thomas Cook, one of the oldest and largest travel companies in the world, holds talks with shareholders to avoid bankruptcy. A collapse could leave around 150,000 travelers from the UK as well as dozens of travelers on the water leaving thousands of travelers from other countries. The British government may have to lease planes to bring their citizens home. <img …

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Thomas Cook prepared for rescue talks

image rights PA media Thomas Cook is to hold crisis talks to conclude a rescue contract. The meeting with its largest shareholder and creditors is scheduled for Sunday morning at Slaughter & May law firm. The tour operator could fall into the administration within a few days, unless there is an additional GBP 200 million in additional funds. [19659005] It …

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Give Thomas Cook "real financial support," the ministers demanded

Image copyright AFP Caption Thomas Cook has hundreds of stores in the High Street Ministers should be ready to send "genuine financial support" to Thomas Cook, a union representing employees of the struggling travel company assures the future. The Transport Salaried Staffs Association (TSSA) told Economy Minister Andrea Leadsom to rescue Thomas Cook "no matter what." Government sources suggest that …

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Thomas Cook is racing for more bailouts

image credits Getty Images Thomas Cook could fall into administration this weekend, unless the travel company procures £ 200m of additional funds to secure his Future are needed. Banks, including RBS and Lloyds, insist that the company set up the new crisis funds should it need extra money during the winter months. A collapse would strand 150,000 British tourists and …

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