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Page 4 - Thomas Cook

Thomas Cook collapse: As UK customers return home, blame game begins

Running hotels, resorts and airlines for 19 million people a year, Thomas Cook had around 600,000 people abroad when it collapsed in the early hours of Monday morning

Thomas Cook collapse: As UK customers return home, blame game begins
Updated On : 25 Sep 2019 | 1:39 AM IST

Letter to BS: Thomas Cook collapse is a big blow to global tourism

This is a typical case of overconfidence and mismanagement by a company

Letter to BS: Thomas Cook collapse is a big blow to global tourism
Updated On : 24 Sep 2019 | 9:44 PM IST

Thomas Cook collapse: Hotels in Goa may be forced to slash rates

The development has also made local hoteliers anxious as the British tourists stay a minimum of seven nights in the state

Thomas Cook collapse: Hotels in Goa may be forced to slash rates
Updated On : 24 Sep 2019 | 8:53 AM IST

It's too early to decide on brand acquisition, says Thomas Cook India

The company was awaiting clarity from the UK and would weigh all factors before taking any decision on acquisition

It's too early to decide on brand acquisition, says Thomas Cook India
Updated On : 24 Sep 2019 | 12:44 AM IST

Tourism to shareholders, who loses and who gains from Thomas Cook's demise?

Ripples are set to hit the tourism sectors in Mediterranean and North African resorts, leave fuel suppliers out of pocket and further hurt British shopping streets

Tourism to shareholders, who loses and who gains from Thomas Cook's demise?
Updated On : 23 Sep 2019 | 11:49 PM IST

Thomas Cook collapses, leaves over 600,000 holidaymakers stranded abroad

The UK government said Monday it had hired planes to fly home British tourists, in a mass repatriation plan codenamed Operation Matterhorn which began immediately

Thomas Cook collapses, leaves over 600,000 holidaymakers stranded abroad
Updated On : 23 Sep 2019 | 10:58 PM IST

Thomas cook collapse hits shares of Indian company it once owned

Thomas Cook India Ltd. resorted to a communication blitz in the past few days to clarify that the collapsed UK firm exited the Indian company seven years ago

Thomas cook collapse hits shares of Indian company it once owned
Updated On : 23 Sep 2019 | 6:03 PM IST

Thomas Cook falls: What next for the company that survived two world wars?

Thomas Cook employs 21,000 people and is the world's oldest travel company, founded in 1841

Thomas Cook falls: What next for the company that survived two world wars?
Updated On : 23 Sep 2019 | 11:25 AM IST

As Thomas Cook goes bankrupt, thousands are left stranded across the world

It currently has 600,000 people abroad, forcing governments and insurance companies to coordinate a huge rescue operation

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Updated On : 23 Sep 2019 | 10:27 AM IST

178-yr-old company, Thomas Cook files for bankruptcy as bailout talks fail

In the space of little more than a year, Thomas Cook's business outlook degenerated from concern about the sales impact of a freak north European heatwave to a full-on fight for survival

178-yr-old company, Thomas Cook files for bankruptcy as bailout talks fail
Updated On : 23 Sep 2019 | 8:15 AM IST

Thomas Cook fails to find private investors, now relies on govt bailout

But ministers are unlikely to step in due to worries about the pioneering operator's longer-term viability

Thomas Cook fails to find private investors, now relies on govt bailout
Updated On : 21 Sep 2019 | 11:08 PM IST

No connection with UK operator, our business is intact: Thomas Cook India

Thomas Cook India is a completely different entity post acquisition by Fairfax in 2012, UK operator hold no stake in the firm in India, says chairman

No connection with UK operator, our business is intact: Thomas Cook India
Updated On : 21 Sep 2019 | 11:07 PM IST

Ailing Thomas Cook in talks with UK govt and investors for rescue deal

The world's oldest travel company was fighting for its survival over the weekend after its lenders threatened to pull the plug on a rescue deal that has been months in the making

Ailing Thomas Cook in talks with UK govt and investors for rescue deal
Updated On : 21 Sep 2019 | 8:38 PM IST

UK aviation watchdog prepares for possible Thomas Cook collapse

The Civil Aviation Authority is making contingency plans for the possibility of having to repatriate 'hundreds of thousands' of passengers stranded abroad

UK aviation watchdog prepares for possible Thomas Cook collapse
Updated On : 15 Sep 2019 | 10:01 PM IST

Thomas Cook says it's bullish about travel biz and open to new investments

The tour operator issued a statement on Tuesday in the backdrop of financial crisis faced by rival firm Cox & Kings

Thomas Cook says it's bullish about travel biz and open to new investments
Updated On : 10 Jul 2019 | 1:28 AM IST

Club Med's chinese owner set to bid for Thomas Cook unit: Report

Thomas Cook's airline business wouldn't be part of the deal

Club Med's chinese owner set to bid for Thomas Cook unit: Report
Updated On : 09 Jun 2019 | 12:44 AM IST

Thomas Cook to invest Rs 300 mn by 2020 to expand footprint in India

Looks at opening 50-60 new offices pan India over the next 2 years

Thomas Cook to invest Rs 300 mn by 2020 to expand footprint in India
Updated On : 19 Nov 2018 | 12:57 AM IST

Thomas Cook okays corp revamp, shareholders to get shares in HR firm Quess

Thomas Cook, which bought 49% in Ikya (now Quess) in 2013, got it listed in 2016, will cease to be its promoter; new Quess shares go to Thomas Cook shareholders

Thomas Cook okays corp revamp, shareholders to get shares in HR firm Quess
Updated On : 23 Apr 2018 | 9:50 PM IST

Thomas Cook to spin off Quess in a year to simplify business structure

Fairfax-owned Thomas Cook runs travel, foreign exchange, vacation ownership business (through Sterling Holidays) in addition to Quess

Thomas Cook to spin off Quess in a year to simplify business structure
Updated On : 14 Mar 2018 | 1:26 AM IST

Tata Capital sells travel, forex units to Thomas Cook

The sale will allow Tata Capital to exit non-core business segments

Tata Capital sells travel, forex units to Thomas Cook
Updated On : 26 Sep 2017 | 1:31 AM IST