3 ms·
It was mostly their £1.7bn debt: https://www.theguardian.com/business/2019/sep/23/thomas-cook-debt-brexit https://www.theguardian.com/business/2019/sep/23/thoma
by xioxox 7y ago
It was mostly their £1.7bn debt: https://www.theguardian.com/business/2019/sep/23/thomas-cook-debt-brexit https://www.theguardian.com/business/2019/sep/23/thomas-cook...
Without that they could have shrunk or restructured.
- NeedMoreTea 7y agoTwo days later their CEO had near doubled that to £3.1bn. https://www.theguardian.com/business/2019/sep/25/thomas-cook-balance-sheet-deficit-3bn-before-collapse https://www.theguardian.com/business/2019/sep/25/thomas-cook...