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Related: About this forumThomas Cook collapses as last-ditch rescue talks fail
Source: BBC
Thomas Cook collapses as last-ditch rescue talks fail
23 September 2019
![](https://ichef.bbci.co.uk/news/660/cpsprodpb/A96A/production/_108907334_mediaitem108906396.jpg)
Thomas Cook has collapsed after last-minute negotiations aimed at saving the holiday firm failed.
The UK Civil Aviation Authority (CAA) said the tour operator has "ceased trading with immediate effect".
It has also triggered the biggest ever peacetime repatriation aimed at bringing more than 150,000 British holidaymakers home.
Peter Fankhauser, Thomas Cook's chief executive, said the firm's collapse was a "matter of profound regret".
The tour operator's failure puts 22,000 jobs at risk worldwide, including 9,000 in the UK.
-snip-
23 September 2019
![](https://ichef.bbci.co.uk/news/660/cpsprodpb/A96A/production/_108907334_mediaitem108906396.jpg)
Thomas Cook has collapsed after last-minute negotiations aimed at saving the holiday firm failed.
The UK Civil Aviation Authority (CAA) said the tour operator has "ceased trading with immediate effect".
It has also triggered the biggest ever peacetime repatriation aimed at bringing more than 150,000 British holidaymakers home.
Peter Fankhauser, Thomas Cook's chief executive, said the firm's collapse was a "matter of profound regret".
The tour operator's failure puts 22,000 jobs at risk worldwide, including 9,000 in the UK.
-snip-
Read more: https://www.bbc.com/news/business-49791249
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Thomas Cook collapses as last-ditch rescue talks fail (Original Post)
Eugene
Sep 2019
OP
mahatmakanejeeves
(59,613 posts)1. Wow. I went to Europe with Thomas Cook traveler's checks. Or cheques.
That was a while ago. At that time, I was acquiring their Continental and International railroad timetables, which a nearby library gave me when the new copies came in.
Who would have guessed?
dawg day
(7,947 posts)3. Yeah, ATMs and credit cards doomed the the traveler check
Travelling is so much easier now!
greatauntoftriplets
(176,430 posts)2. How sad.
They've been around forever.
elleng
(134,536 posts)4. Yes, the OLDEST travel agency.