Passengers booking online pay £265,000 per day in unfair card transaction fees in the United Kingdom alone. These fees are added by the airlines. When you book a flight online, airlines do not accept cash as payment. That makes some…
Tag Archive for Thomas Cook
Thomas Cook refinanced with significant restrictions
by DIY Travel Expert • • 0 Comments
Thomas Cook has been given the lifeline that it sought. The recent £100m loan has been withdrawn and has been replaced by a £200m facility offered by a syndicate of 17 banks. The company will thus have the extra working…
Thomas Cook in cash flow crisis
by DIY Travel Expert • • 0 Comments
Thomas Cook, the company that bears the name of the man who invented tourism, is in deep trouble. The company is trying seemingly desperate measures to keep going. Including the reduction of its fleet of aircraft by 6 to 35,…