Thomas Cook , the world's oldest travel firm, collapsed on Monday, strandin...
), the world’s oldest travel firm, collapsed on Monday, stranding hundreds of thousands of holidaymakers around the globe and sparking the largest peacetime repatriation effort in British history.
1841 - Thomas Cook organizes his first excursion, a rail journey from Leicester in central England to the neighboring town of Loughborough. A special train carries some 500 passengers a distance of 12 miles and back for a temperance meeting. 1896 - Thomas Cook & Son is appointed Official Passenger Agent for the first modern Olympic Games in Athens.
1990 - Thomas Cook becomes the world’s leading foreign exchange retailer when it acquires the retail foreign exchange operations of Deak International. 2007 - Thomas Cook AG and MyTravel Group plc merge to form Thomas Cook Group plc, bringing a stronger Nordic focus with the incorporation of the Ving, Spies and Tjäreborg businesses.
May 16, 2019 - Company issues its third profit warning in less than a year, saying discounting and higher fuel and hotel costs will hurt it during the peak summer season.
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