There is a long list of questions that must be answered following the collapse of Thomas Cook. The most obvious is how did a company that notched up turnover of £9.6bn (R178bn) end up in the hands of liquidators?

Thomas Cook wasn't just a giant of the travel industry: it was a corporate beast, with 22-million customers, operations in 16 countries and 21,000 employees.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.