New Delhi: With British travel giant Thomas Cook going belly up, India’s inbound travel could be severely hit and hence adverse impact on foreign exchange (forex) earning too in the months to come. Travel industry sources said that Thomas Cook sends a lot of high-spending tourists to India from countries such as UK, Germany and […]
Tag: Thomas Cook
Thomas Cook collapses as last-ditch rescue talks fail
London: British travel giant Thomas Cook has collapsed after last-minute negotiations aimed at saving the 178-year-old holiday firm failed, the media reported on Monday. The UK Civil Aviation Authority (CAA) said the tour operator has “ceased trading with immediate effect”, the BBC reported. The CAA said in a statement on Sunday night: “All Thomas Cook […]