Thomas Cooks financial issues Urgent and 1 billion euro
Thomas Cooks financial issues Urgent and 1 billion euro

Travel company Thomas Cook (Neckermann) is in financial trouble. There has been acute for more than 1 billion euros are needed for the low winter season to come. It reports the Dutch newspaper De Telegraaf on Sunday.

to Rescue the Chinese shareholder, Fosun Tourism Group via a capital injection, together with the banks, and, as a result, according to insiders, the day of the dates, according to the newspaper.

Thomas Cook has been in Europe and have an annual turnover of approximately 10 billion euros and over 20,000 employees. Each year, more than 20 million tourists, with a Cook on their holiday. It is the oldest travel company, which was founded in the United Kingdom, around 1845.

The loss-making toerismeconcern, and that of tour operators, travel agencies, hotels, and airplanes, has faced with a debt burden of around eur 2 billion.