Thomas Cook Tragedy
Thomas Cook, world's leading travel and holiday firm collapsed after last-minute negotiations with lenders and investors aimed at saving the 178-year-old holiday firm failed.
It was confirmed, by the UK Civil Aviation Authority (CAA) that the tour operator had "ceased trading with immediate effect".
Thomas Cook tragedy event, triggered the biggest ever peacetime repatriation, aimed at pulling more than 150,000 British holidaymakers back home.
Thomas Cook's chief executive Peter Fankhauser, , said the firm's collapse was a "matter of profound regret".
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@wayo, This shows that no matter how much big the firm or business is, it can collapse in seconds and other companies can replace them.
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Exactly, even Dr. APJ Abdul Kalam said, love your job, not your company. The Famous actor Jet Lee says the company we all work so hard will replace us within a weeks time. Last Warren Buffett says, “Do not depend only on one job, create second income stream”. Thanks @chireerocks
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Welcome and these words are true because all these sayings are born through from Practical Events and Experiences.
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