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 The recent £100m loan has been withdrawn and has been replaced by a £200m facility offered by a syndicate of 17 banks.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…
Tour operator
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,…