The shock of Thomas Cook’s collapse may create reverberations that travel much further than the 150,000 holidaymakers who are reportedly stranded overseas or the many people who have already paid for travel with the company. The impact of Thomas Cook’s failure is even more stark because the company’s 19th-century founder was the father of package holidays, taking the first group of travellers abroad in 1855.
Tue, 24 Sep, 2019
We take a trip down memory lane and check out what happened on this day in years gone by by looking back at some Irish Examiner front pages and highlighting other events which went down in history across the world.
Mon, 05 Aug, 2019
Sterling steadied after initially posting further large losses on UK political fears but shares in Europe and the US were hit as the fallout of the US-China trade war extended to Chinese champion Huawei and the world’s chip makers for mobile phones.
Mon, 20 May, 2019
Holiday and airline group Thomas Cook’s shares climbed up to 45% on hopes that it would not need to issue new equity, although its bond prices extended their losses to record lows, amid deepening worries about the UK travel group’s debt.
Thu, 06 Dec, 2018
TUI Group, Europe’s largest tour operator, yesterday said it was on track to meet its profit target this year as more European holidaymakers head further west and Britons remain eager to go abroad despite the fall in sterling after the Brexit vote.
Fri, 12 Aug, 2016
Shares in Thomas Cook plunged 19% yesterday as it said its summer bookings fell as security concerns meant more holidaymakers opted for breaks in Spain over Turkey, Tunisia, and Egypt, outstripping its efforts to adjust flights.
Fri, 20 May, 2016