Like any major brand, it started with humble beginnings. In this case, it was a one-day rail excursion from Leicester to Loughborough.
Fast-forward 170 years, and the company that still bears its founders name has evolved into an industry giant. Thomas Cook has over 30 tour-operating brands, 2,000 travel agencies, 60 aircraft and 30,000 staff. However, big doesn’t necessarily mean best. It might be large, but it’s in trouble.
Thomas Cook’s share price is in free fall. And its debt pile is threatening to bankrupt the company. Read more