Thomas Cook is in a desperately bad position this evening, with many concerned that the company will not make it through the weekend.
Despite a campaign of positivity by Thomas Cook on social media, the company filed for bankruptcy protection in the United States yesterday, triggering a potentially damaging meeting tomorrow.
Nearly two years since the collapse of Monarch Airlines, another major UK holiday carrier is standing at the edge of the abyss as Thomas Cook scrambles to secure vital funding.
Two of Canada’s biggest airlines, flag carrier Air Canada, and leisure leader Air Transat, have concluded merger talks pending shareholder approval.
The hopes of groups around the world attempting to pick up the pieces of beleaguered Indian low-cost carrier, Jet Airways have all but come to an end.