October 9, 2019
Failed travel company Thomas Cook Group’s UK retail operations have been acquired by Hays Travel, potentially saving up to 2,500 jobs.
September 25, 2019
Thomas Cook travel companies in Germany have filed for insolvency, as the group tries to limit the fallout from its UK parent’s liquidation and attract investment.
September 23, 2019
UK-based travel company Thomas Cook collapsed overnight and applied for compulsory liquidation after it failed to secure additional funding over the weekend.
August 13, 2019
Air Canada has increased the purchase price for its acquisition of Canadian travel company Transat to CAD$720 million.
June 27, 2019
Canadian tour company Transat has accepted Air Canada's all-cash offer of CAD$520 million (USD$397 million) for the Montréal-based company.