{"id":293467,"date":"2019-09-24T06:25:54","date_gmt":"2019-09-24T06:25:54","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=293467"},"modified":"2019-09-24T06:31:18","modified_gmt":"2019-09-24T06:31:18","slug":"uk-travel-giant-thomas-cook-collapses-stranding-tourists","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/uk-travel-giant-thomas-cook-collapses-stranding-tourists\/","title":{"rendered":"UK travel giant Thomas Cook collapses, stranding tourists"},"content":{"rendered":"<p>British travel group Thomas Cook on Monday declared bankruptcy after failing to reach a last-ditch rescue deal, triggering the UK&#8217;s biggest repatriation since World War II to bring back stranded passengers.<\/p>\n<p>The 178-year-old operator had been desperately seeking 200 million pounds ( USD 250 million, 227 million euros) from private investors to save it from collapse.<\/p>\n<p>&#8220;Despite considerable efforts, those discussions have not resulted in agreement between the company&#8217;s stakeholders and proposed new money providers,&#8221; Thomas Cook said in a statement.<\/p>\n<p>&#8220;The company&#8217;s board has therefore concluded that it had no choice but to take steps to enter into compulsory liquidation with immediate effect.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>British travel group Thomas Cook on Monday declared bankruptcy after failing to reach a last-ditch rescue deal, triggering the UK&#8217;s biggest repatriation since World War II to bring back stranded passengers. The 178-year-old operator had been desperately seeking 200 million pounds ( USD 250 million, 227 million euros) from private investors to save it from collapse. &#8220;Despite considerable efforts, those discussions have not resulted in agreement between the company&#8217;s stakeholders and proposed new money providers,&#8221; Thomas Cook said in a statement. &#8220;The company&#8217;s board has therefore concluded that it had no choice but to take steps to enter into compulsory [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[212,130,144],"tags":[],"class_list":["post-293467","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-pioneer","category-newspapers","category-the-pioneer"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/293467","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=293467"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/293467\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=293467"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=293467"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=293467"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}