Month: September 2019

What Happens When a Major Travel Company Goes out of Business?

In 2019, we saw news coverage out of the United Kingdom detailing the collapse of iconic airline and tour operator Thomas Cook. The company shut its doors, impacting the travel plans of 600,000 people and left 150,000 passengers stranded in destinations around Europe, the Caribbean and the U.S. The U.K.’s Civil Aviation Authority undertook the…