Thomas Cook, the company that invented package holidays and which has been
guiding and reassuring travellers for more than 150 years, is facing some
serious head winds. Its long-serving chief executive resigned during the
summer after the third profits warning of the year, and on Tuesday it
announced that it is borrowing another £100 million to tide it over the
difficult winter months. The news has sent shudders through an already
nervous travel industry, and spasms of anxiety through anyone who has booked
a Thomas Cook holiday.
http://www.telegraph.co.uk/travel/travelnews/8910460/Do-we-still-need-travel-agents-to-book-our-holidays.html
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