REMINDER: Our user survey closes on Friday, please submit your responses here

Less Ads, More Data, More Tools Register for FREE
Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO
Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPOView Video
Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant
Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plantView Video

Latest Share Chat

Thomas Cook's Nordic unit to carry on after parent company's collapse

Mon, 23rd Sep 2019 20:49

OSLO, Sept 23 (Reuters) - Thomas Cook's Nordic
business, the Ving group, will continue operations as normal
from Tuesday despite the collapse of the parent company on
Monday, it said.

Hundreds of thousands of holidaymakers were stranded by the
collapse of the world's oldest travel firm, sparking the largest
peacetime repatriation effort in British history.

In the Nordics, close to 35,000 holiday-makers were
travelling at the time of the announcement, with flights
cancelled on Monday. But normal operations will resume on
Tuesday.

"Since we are an independent and profitable part of the
business, we are already able to continue our operations with
support from our banks, lenders and guarantors," Magnus Wikner,
managing director of the Ving group in the Nordics, said in a
statement.

Thomas Cook's liquidation marks the end of a British company
that started in 1841 running local rail excursions and grew to
pioneer the family package holiday.
(Reporting by Gwladys Fouche and Terje Solsvik)

Related Shares

More News
30 Sep 2019 09:43

Some Thomas Cook customers will wait 60 days for refunds - CAA

(Sharecast News) - Some Thomas Cook customers may have to wait for at least two months to receive a refund after the travel firm collapsed last week, ...

24 Sep 2019 20:07

Germany to offer 380 mln euro bridging loan to Condor

BERLIN, Sept 24 (Reuters) - Germany has decided to guarantee a bridging loan of 380 million euros to Condor, the German airline owned by insolvent B...

24 Sep 2019 18:38

RPT-German govt, Hesse line up bridge loan of nearly 400 mln euros for Condor - sources

BERLIN, Sept 24 (Reuters) - The German government and state of Hesse want to jointly support Condor, the German airline owned by insolvent British t...

24 Sep 2019 14:27

Thomas Cook collapse affects 53,000 British nationals in Spain - tourism minister

MADRID, Sept 24 (Reuters) - The collapse of British travel firm Thomas Cook has affected 53,000 Britons in Spain, Spanish Acting Tourism Minister Re...

24 Sep 2019 12:18

UK accounting regulator mulls examining Thomas Cook failure

LONDON, Sept 24 (Reuters) - Britain's Financial Reporting Council said on Tuesday it was considering investigating the collapse of travel company Th...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.