Tincture September 26, 2019
How does a company in business for over 170 years suddenly go out of business?
Thomas Cook revolutionized travel doing amazing things to increase access inventing the package holiday or tour. At one point it seemed like every high street had a Thomas Cook Office on it featuring the latest deals for travel to faraway destinations. But this week, seemingly out of the blue they went bust — filing for bankruptcy and stranding some 600,000 passengers abroad leading to what some have called the largest non-war time repatriation in history.
Travel is not in decline — in fact, passenger numbers at UK airports increased by 85% over the past two decades, from 135 million to 251 million, with over 60%...
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