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View Full Version : Thomas Cook owners file for Bankruptcy


Goofyish
06-09-2009, 06:54 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?

oceanscape
06-09-2009, 07:58 AM
Thomas Cook "will remain unaffected".
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Goofyish
06-09-2009, 10:31 AM
.

That's good.

carolfoy
06-09-2009, 10:48 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.