Holidaymakers held in Tunisia hotel over Thomas Cook crisis

22 Septembre, 2019, 22:35 | Auteur: Auguste Feret
  • Wiki Commons

The company's board will then meet in the early evening to decide the company's fate, with it potentially going into administration in the early hours of Monday.

But sources said Thomas Cook presents an "unprecedented" challenge because it is a larger operator and runs package holidays.

Foreign Secretary Dominic Raab says contingency plans to rescue customers are in place if the firm can not be rescued from collapse.

Thomas Cook is meeting with the firm's biggest shareholder along with creditors at a City law firm on Sunday in a final bid to piece together a rescue deal.

Peter Fankhauser, chief executive of Thomas Cook, said: "After evaluating a broad range of options to reduce our debt and to put our finances onto a more sustainable footing, the Board has chose to move forward with a plan to recapitalise the business, supported by a substantial injection of new money from our long-standing shareholder, Fosun, and our core lending banks".

Guests have said security staff are refusing to let people leave - even those who have flights to catch - unless they pay extra money, despite the fact they've already forked out for their holiday.

Thomas Cook In Last Minute Crisis Talks. The company is scrambling to borrow more money in order to survive.

"And obviously they are concerned, and they come down and ask why and they are just being told to pay". The tour operator recently raised 900 million pounds ($1.12 billion) in new capital, including from its leading Chinese shareholder Fosun. The Government are in talks with the company, with one option now being to organise the UK's biggest peacetime mission to get them all home.

"This has now been resolved and customers flew home as planned". The person familiar with the situation put the cost of that move at around £600 million ($990 million Cdn).

Fed announces plans to provide more support for repo market
The move, which Clarida supported, was aimed at offsetting slowing global growth and risks associated with U.S. The Fed's quarterly assessment of the course of rates, known as the "dot plot", showed a wide range of views.

Prince Andrew accused of sexually abusing teenager at London nightclub
He killed himself in prison before his trial. "It was such a shock to me". "He was an abuser, he was a participant", Giuffre said. He said: "I deplore the exploitation of any human being and would not condone, participate in, or encourage such behaviour".

China: Chinese Space Agency Lands Probe on the Moon's Far Side
The rover, with a design life of three months, can cross rocks as high as 20 cm, at a maximum speed of 200 meters per hour. The Yutu-2 rover has six wheels that all have power, so it can continue to operate even if one wheel fails.

An official from Germany said, under that country's rules, it would fall to insurance companies to help get customers home.

Thomas Cook customers Maddie Clamp, 26, and her boyfriend, Shaun Holmes, 30, from Derby described how they had been locked within their holiday complex as management, apparently wrong-footed by the news of the travel giant's financial troubles, tried to secure payment from their guests. "The Condor flights are now being operated on a regular basis".

"A Thomas Cook representative is trying to sort things out with the hotel, but they're just not interested", Mr Ryan said.

That is draining the company of the liquidity it needs to keep operating and ramping up the pressure on one of Britain's oldest and much-loved companies.

The British Consulate in Tunisia has reportedly been made aware of the situation at the hotel.

"We've still not heard anything from Thomas Cook". We continue to support our customers in all our resorts.

British foreign minister Raab sought to reassure vacationers that they would not end up stuck overseas.

"The hotel reception told us we need to pay £4,000 to be allowed to leave", he said.



Meghan Markle to speak out about attacks on women in South Africa
Prince Harry and Meghan Markle have struggled with the public this year. Malawai, Botswana, and Angola are also on the itinerary.

Willett, Rahm share lead after third round at PGA Championship
Danny Willett gets a hug from son Zachariah James after winning (Bradley Collyer/PA). I wish I had holed that putt [for birdie] at the last for 64", McIlroy said.

Year-long Arctic climate change study begins
The expedition starts on the same day as global climate protests and ahead of a United Nations climate summit in NY next week. Concerns about global warming have spread far beyond the scientific community in recent years.

Jalen Ramsey not close to being traded
Miami allowed Fitzpatrick to seek a trade when he requested his release but the Dolphins were not just going to give him away. The Jacksonville Jaguars have no interest in trading cornerback Jalen Ramsey , reports's Adam Schefter.

Un bébé phoque violemment battu sur la plage par un pêcheur — Nord
Après la plainte de la LPA et de Sea Sheperd pour "Actes de cruauté", il risque deux ans de prison . Le pêcheur aurait été identifié.

4 things to watch for when Broncos face Packers in Week 3
Green Bay is already in sole possession of first place in the NFC North and will look to extend its lead with a victory on Sunday. While we're only two games into the new campaign, it certainly seems as if things are trending in that direction for the Packers.

Google to invest additional $3bn in European data centres
IHS Markit is now tracking 135 new data center building and expansion projects that are slated to finish this year. It said in May it would invest 600 million euros in a new data center on the same site.

LSU QB Joe Burrow draws comparison to past Heisman winners
Burrow hit 13 of his first 14 passes for 244 yards before throwing his second incompletion at 9:19 in the second quarter. The Tigers scored their third touchdown of the first quarter on a nine-yard touchdown run by Clyde Edwards-Helaire.

Joe Giudice bond request denied by the judge got behind bars
The Bravo star had never obtained American citizenship, though he has lived in the United States since childhood. Joe Giudice's request for release from ICE custody has been denied.

Valverde pointe le coupable de la défaite à Grenade — Barça
Le Barça a d'ailleurs attendu plus d'une heure pour son premier tir cadré! But, 2-0, et fin de l'histoire (66e). Mais le club madrilène a buté à de nombreuses reprises sur l'excellent gardien Ruben Blanco, infranchissable.