Since the news of Thomas Cook’s demise a lot of focus has been on its travel customers. But beyond repatriating stranded holiday makers, the impact of large scale insolvencies such as Thomas Cook, Carillion and British Steel can be far reaching. Those relying on the likes of Thomas Cook for business may also face financial … Continue Reading
Thomas Cook is the latest holiday company and high street retailer to hit the headlines with its collapse into liquidation. It comes at a huge cost to the Government and Civil Aviation Authority who bear the cost of repatriating an estimated 150,000 holidaymakers. In addition, over 22,000 worldwide jobs are now at risk and there … Continue Reading
Last year we wrote an article ‘Let’s Fly Away’ reporting on the increasing number of airline insolvencies. The Department for Transport has now published its final report reviewing airline insolvency and in this article, we look at the recommendations of that report. Changes that we might expect to see in the future include: -a new … Continue Reading
