Just Weeks After the Collapse of Thomas Cook, Spain Launches First Bailout of its Huge Tourism Industry by Nick Corbishley • Oct 12, 2019 • 38 Comments “An unforeseen crisis.” Other headwinds intensify too
The September Airline Massacre in Europe by MC01 • Sep 24, 2019 • 82 Comments And these are still the good times, with growing passenger traffic.
Thomas Cook Collapses, up to 600,000 Travelers Stranded in Hotel & Airline Chaos, Triggers “Biggest Peacetime Repatriation in UK History” by Nick Corbishley • Sep 23, 2019 • 72 Comments Rescue deal fell through at the last moment. China’s Fosun and other shareholders are toast. Creditors get to fight over the debris.
Who’ll Rescue Thomas Cook, the Collapsing Vacation-Travel-Airline Giant with 21,000 Employees? by Nick Corbishley • Sep 13, 2019 • 43 Comments Shareholders are already toast. Would China’s Fosun conglomerate follow the time-honored principle of throwing good money after bad?
Vacation Giant & Airline Thomas Cook Verges on Collapse by Don Quijones • May 17, 2019 • 32 Comments Citi Group analysts slashed their price target to zero.
Next in the Bankruptcy & Restructuring Saga of European and Asian Airlines by MC01 • Feb 17, 2019 • 72 Comments The fate of the A380 is sealed.
Low-Cost Airlines Are Crashing into Bankruptcy One After the Other as Financial Conditions Tighten in Europe by MC01 • Jan 26, 2019 • 43 Comments But traffic is up, and these are still the good times.
