Britain’s Thomas Cook, one of the world’s oldest and largest travel companies, is facing a race against time to stay afloat and as a consequence, they are looking for £200 million (€227 million) in extra funding to avoid its collapse. Thomas Cook Group includes the famed operator of packaged tours as well as subsidiaries such as Thomas Cook Airlines, Condor, and Thomas Cook Hotels & Resorts. The company had already reached a provisional agreement covering the “key commercial terms” of a £900 … Continue reading Thomas Cook Seeks €227m Funds to Secure Future