Britain’s Civil Aviation Authority said bringing home Thomas Cook’s stranded British customers will be the largest peacetime repatriation in the country’s history
Company has been under pressure from lenders to find an additional $249.5 million to prevent the collapse of a rescue dealThomas Cook Group PLC said it has entered into compulsory liquidation, canceling all bookings, including flights and vacations.
The British travel company had said Friday that more than 600,000 customers were vacationing outside the U.K. According to the Associated Press, its four airlines will be grounded, and its 21,000 employees in 16 countries will lose their jobs.
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