LONDON – The Thomas Cook travel group declared itself on Monday, leaving more than 150,000 British tourists needing repatriation.
Here are some key facts and figures about the closure:
- The bankruptcy affects 22,000 employees, including 9,000 in the United Kingdom
- Approximately 600,000 tourists from around the world have been stranded, including 150,000 Britons, according to the BBC
- There are 51 affected destinations in 16 countries where the tour operator operated
- The company, which had been struggling for years, sold tourist packages to 19 million customers worldwide
- Repatriation operation started on Monday and will continue until 6 October. It is estimated that it will double the efforts made in 2017 after the collapse of Monarch airline
- Thomas Cook recorded a $1.86 billion half-year loss
- The board of directors held emergency meetings on Sunday in a final attempt to secure $248 million additional funds demanded by the banks
- The firm had been operating for 178 years and was founded in 1841 in the English county of Leicestershire
- It has 105 aircraft and 200 hotels and resorts under its brand.