Thomas Cook

  • Refund delayed for tens of thousands of Thomas Cook customers

    Published on : Friday, December 6, 2019

    The process for the promised refunds within 60-day deadline by Thomas Cook for its customers has been delayed. The customers of Thomas Cook are reacting furiously to the failure of the Civil Aviation Authority (CAA). According to the authority the …

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  • CRISIL reaffirms Thomas Cook India’s corporate credit rating

    Published on : Thursday, November 28, 2019

    The CRISIL Credit Ratings, dated November 22, 2019, communicated to Thomas Cook has reaffirmed its corporate credit rating of ‘CCR AA-/ stable’ to Thomas Cook (India) Ltd. (TCIL). Additionally, CRISIL has reaffirmed its rating on the debt programmes and bank …

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  • CRISIL reaffirms Thomas Cook India’s corporate credit rating at ‘CCR AA

    Published on : Wednesday, November 27, 2019

    The CRISIL Credit Ratings, dated November 22, 2019, communicated to Thomas Cook (India) Ltd., and uploaded on its portal, has reaffirmed its corporate credit rating of ‘CCR AA-/ stable’ to Thomas Cook (India) Ltd. (TCIL). Additionally, CRISIL has reaffirmed its …

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  • Cyprus sees tourist increase despite collapse of Thomas Cook

    Published on : Thursday, November 21, 2019

    Tourist arrivals in Cyprus increased in October and in the first 10 months of this year in spite of apprehensions about a decline due to collapse of Thomas Cook package travel agency in the UK, said Deputy Minister for Tourism …

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  • Hundreds of thousands of travellers wait for Thomas Cook refund

    Published on : Friday, October 25, 2019

    After the collapse of Thomas Cook  last month, hundreds of thousands of grounded travellers have to wait another six weeks to get their refunds for their cancelled holidays.     Under the Atol scheme, administered by the Civil Aviation Authority …

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  • Thomas Cook’s closure brings considerable threat to Spain’s tourism sector

    Published on : Tuesday, October 15, 2019

    The closure of Thomas Cook brings considerable threat to Spain’s tourism sector with around 500 hotels across the country facing closure, causing losses up to hundreds of millions of Euros.   As per the Spanish Confederation of Hotels and Tourist …

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  • TUI adds extra flights and holidays to expand its business

    Published on : Friday, October 11, 2019

    Europe’s biggest holiday company TUI will fly an extra two million passengers next year as it moves to expand its market share following the collapse of Thomas Cook.   TUI will add about 10,000 flights in 2020, using pilots and …

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  • Thomas Cook’s closure has zero effect on Goa tourism

    Published on : Friday, October 11, 2019

    According to Vincent Ramos, Area Director of IHCL, which has a chain of five-star and business resorts in Goa, the closure of global tourism travel company Thomas Cook has had a “zero to minimal” impact on properties run by the …

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  • ABTA CEO speaks on Thomas Cook failure

    Published on : Wednesday, October 9, 2019

     At the Travel Convention in Tokyo, ABTA’s chief executive Mark Tanzer addressed the crowd and shed light on the failure of Thomas Cook which in his view was more of a failure of corporate finance than the failure of travel. …

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  • British travelers leave Antalya in the middle of Thomas Cook’s collapse

    Published on : Friday, September 27, 2019

    British travelers are leaving Antalya, the Mediterranean resort city in Turkey and other coastal provinces after the closure of the U.K. tour operator Thomas Cook, the British Embassy in Turkey said on Sept. 25.   “Our teams have been at Antalya, Dalaman, Bodrum …

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