View Full Version : Thomas Cook owners file for Bankruptcy

06-09-2009, 07:54 AM
I see that Arcandor, the owners of Thomas Cook have filed for bankruptcy in Germany - not sure how that would effect Thomas Cook in the UK?

06-09-2009, 08:58 AM
Thomas Cook "will remain unaffected".

06-09-2009, 11:31 AM

That's good.

06-09-2009, 11:48 AM
its to do with the lack of bonding in Germany (the equivalent of our ABTA) so it shouldn't realistically affect thomas cook high street branches at all, I expect their head office will have some in house changes but to be honest their admin is so appalling its probably a good thing.