Thomas Cook falls: What next for the company that survived two world wars?

Thomas Cook, the world's oldest travel firm, which survived two world wars pioneering travel packages and tourism, collapsed on Monday, stranding hundreds of thousands of holidaymakers around the globe and sparking the largest peacetime repatriation effort in British history. What happens now and why did it collapse? Who is affected? The firm ran hotels, resorts and airlines for 19 million travellers a year in 16 countries, generating revenue in 2018 of 9.

6 billion pounds ($12 billion). It currently has 600,000 people abroad,.

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