Thomas Cook Flying Hearts
Civil Aviation

Thomas Cook approaching point of no return

UK based holiday company Thomas Cook is rapidly approaching the point of no return in its fight for survival amid rising losses and plummeting share prices. Shares in the company have recently been deemed “worthless” by Citigroup after massive drops following reports on its performance over the winter showed losses [read more]

A Monarch A320 (Image: Adrian Pingstone)
England

Monarch holding urgent talks to renew ATOL

Troubled UK airline Monarch (ZB/MON) is once again holding last-minute talks to stave off collapse and the loss of their ATOL bonding. One year on from the near collapse of the airline, it is once again seeking urgent financial assistance in order to retain the ATOL certificate that was extended [read more]