Why did Thomas cook company collapse

Answers

Answer 1

But it was insurmountable debt that sealed Thomas Cook’s fate in the end. The company failed to clear a debt burden of £1.1 billion that had almost destroyed it back in 2011. Several ill-advised deals, especially its 2007 merger with MyTravel Group

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a company that had achieved a profit only once in the previous six years

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saddled the group with excessive debt. And despite raising £425 billion from shareholders in 2013, this ultimately proved insufficient in pulling the company out of the red, with vast sums of money being paid out just to service outstanding debt. Indeed, £1.2 billion was paid in interest alone from 2011 onwards. And by the end, it had racked up debts of £1.7 billion, meaning that it needed to sell three million holidays a year just to cover its interest payments. Reports of company mismanagement at the top, as well as a ceasing of dividend payments

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and a decidedly odd timing of their resumption

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raised further red flags of Thomas Cook’s deteriorating health.

Answer 2
But it was insurmountable debt that sealed Thomas Cook's fate in the end. The company failed to clear a debt burden of £1.1 billion that had almost destroyed it back in 2011

Related Questions

HELP ME ASAP WILL GIVE BRAINLIEST!!!
The Mountain Meadows Massacre and the Bear River Massacre, explain THREE (3) similarities and THREE (3) differences between the two massacres.

Answers

I’m not sure what the answer is but I hope someone can help. Have a great day

A radio or television program or transmission is called a(n):

A.
broadcast.

B.
boutique.

C.
graphic.

D.
advertisement.

Answers

Answer:

Broadcast

Explanation:

Broadcasts have more audio And they  Transmit (a program or some information) by radio or television.

who is king of pop A me B me​

Answers

Answer:

a and b

Explanation:

leave brainliest

How are the Alps and the Ural Mountains similar?

Answers

Answer: textbook I had

Explanation:

The Alps are a magnificent mountain range in south-central Europe stretching from eastern France and northern Italy through Switzerland and Austria. ... The Ural Mountains in western Russia form the boundary between Europe and Asia. The Iberian Peninsula in southwest Europe contains Spain and Portugal.

The beautiful Alps are a mountain range that runs through Switzerland and Austria from eastern France and northern Italy.

What are the  Alps and the Ural Mountains ?

The border between Europe and Asia is defined by the Ural Mountains in western Russia. Portugal and Spain are both located on the Iberian Peninsula in southwest Europe.

The Alps are a part of the Alpide belt, a Cenozoic orogenic chain of mountain ranges that extends from the Atlantic all the way to the Himalayas through southern Europe and Asia.

A mountain range known as the Ural Mountains, or simply the Urals, extends roughly from the shore of the Arctic Ocean to the river Ural and northwest Kazakhstan in western Russia.

The mountain range is a part of the traditional line dividing the different parts of Europe.plus Asia. The chain continues further north into the Arctic Ocean with Vaygach Island and the Novaya Zemlya islands.

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What was Abraham Lincoln’s response to the Dred Scott decision?


He spoke out against the idea that African Americans could not be citizens.


He advocated for forcibly freeing Scott and taking him to Canada.


He applauded the Supreme Court’s logic and fairness in deciding a difficult issue.


He hoped that slavery would eventually die out in spite of the Court’s ruling.

Answers

Answer:

He spoke out against the idea that African Americans could not be citizens

Explanation:

Answer:

More than this would be revolution. But we think the Dred Scott decision is erroneous. We know the court that made it, has often over-ruled its own decisions, and we shall do what we can to have it to over-rule this. We offer no resistance to it.

name one animal that has 4 legs.

Answers

Answer:

Dogs

Explanation: they have 4 legs

Answer:    https://stevino.com/obw117/be2994-list-of-animals-with-four-legs

A quadruped is any animal that has four legs, and quadruped skeletons are fairly easy to build.

Explanation:    Animals with 4 legs....

really.....

What are Wilson's objectives in 14 points concerning

Answers

Wilson wanted the end of the war to bring out lasting peace for the world. He gathered together a number of advisors and had them put together a plan for peace. This plan became the Fourteen Points. The main purpose of the Fourteen Points was to outline a strategy for ending the war.

Subjects: World War I

Authors: Woodrow Wilson

What public services are provided by Washington's local governments? Check all that apply.
A. health insurance
B. police forces
C. water infrastructure
D.corporate regulation
E. free education
F. bus transportation

Answers

Answer:

B. police forces

C. water infrastructure

F. bus transportation

Explanation:

The public services provided by Washington's local governments according to the answer choices are options B, C and F.

This is because, some of the public services offered by any local government include security, utilities, education, and healthcare.

What were the roles of the UNIA?

Answers

Answer:

it is dedicated to racial pride, economic self-sufficiency, and the formation of an independent Black nation in Africa

Why is Oliver Cromwell noteworthy?

Answers

Answer:

Cromwell was a key figure – arguably the driving force – behind the trial and execution of King Charles I. This was the first time that a monarch had been deposed and put on trial by his own people, as opposed to being simply deposed by a rival royal

• Are revolutions futile? Are the odds stacked against revolutionaries? Do they cause more harm than good? Should oppressed people revolt? Should they just endure oppression? Are there alternatives?

Answers

did you ever get your answer to this question cuzzz i neeed it pleezzz and thank you

love seth butthead

p.s. help meeee

Church officials, or _______, were very influential in European culture and politics. (Friars/ clergy)

Answers

Church officials, or Clergy, were very influential in European culture

The turning point for the U.S in the Pacific Theater occurred at which battle? (5 points)
Battle of the Coral Sea
b
Battle of lwo Jima
с
Battle of Leyte Gulf
d
Battle of Midway

Answers

Answer:

midway

Explanation:

Based on the chart, which of the following best describes a pattern in the spread of railroads in Europe from 1830 to 1850 ?
A
Multinational empires adopted railroads more extensively than other states did.
Countries that industrialized the latest had the most extensive mileage of railroads by 1850.
с
The largest countries had the most extensive railroad networks by 1850.
D
Areas in northwestern Europe adopted railroads more extensively than areas in other parts of Europe.

Answers

Answer:

D

Explanation:

i did it

The expansion of railroads in Europe between 1830 and 1850 Compared to other regions of Europe, the west coast of Europe adopted railroads more widely. so, the appropriate response is (D)

What are the impacts of Railroads of Europe?

In Europe, the development of trains during the nineteenth century paved the way for rapid trade and population transportation as well as industrialization and urbanization.

All social strata were able to travel vast distances as railroads spanned international boundaries, which sparked mass transit, migration, and tourism. This study examines the relationship between railroad integration and regional growth on the periphery of Europe between 1870 and 1910 using a regional data collection with 291 spatial units.

Railroad density serves as a substitute for railroad integration, while per capita GDP is utilized as a gauge of economic progress.

In Europe, the development of trains during the nineteenth century paved the way for rapid trade and population transportation as well as industrialization and urbanization.

All social strata were able to travel vast distances as railroads spanned international boundaries, which sparked mass transit, migration, and tourism.

Hence option (D) is the correct one.

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Which of the following BEST describes the Treaty of Medicine Lodge Creek?

Answers

Answer:

a

Explanation:

They wanted to expand territories

Answer:

b

Explanation:

just got it

what did the archair Indians of prehistoric Arkansas do?


built large temple mounds

lived in rectangle shaped homes

threw spears using an atlatl

grew corn​

Answers

Answer:

the answer is threw spears using an atlatl

Explanation:

Answer:

threw spears using an atlatl

Explanation:

Which of the following was not a reason that children of immigrant families
had to get jobs?
A. There were no schools available for them to go to.
B. The jobs available to them did not pay very much.
C. They had spent all of their savings just te get to America.
D. Families could not survive on a single income.

Answers

Pretty positive its A.

Mark brainliest?

Which statement about photography during the Civil War is true?
A. It was quickly processed and published.
B. It refrained from showing disturbing images.
C. It was extensively used by spies from both sides.
D. It showed people what the battlefields looked like.

Answers

Answer:

It showed people what the battlefields looked like.

Explanation:

NEED HELP WILL GIVE BRAINLIEST!!
Match the terms with the examples.

Answers

Answer:

1. is the sandwich 2. is the parade 3. is public park and 4. is lighthouse

Explanation:

Not 100% sure but it kinda makes sense. Let me know if I'm wrong plz

For anyone who knows this picture, can you please tell me the authors point of view. Thank you!

Answers

Answer:

the author is expressing an anti-imperialist (Especially european imperialist) sentiment.

Explanation:

The 5 people sitting around the table look quite European, and they appear to be splitting, literally, China with a knife. The man in the background looks more Asian and is wearing traditional chinese dress and he is outraged at what they are doing, but they do not listen to him.

How did Constantine carry out Diocletian’s reforms to try to help strengthen the
declining empire?

Answers

Diocletian created a new administrative system called the tetrarchy (rule by 4) and increased the # of provinces. He also instituted a policy that Romans had to worship the emperor and state gods and established minimum wage. Constantine stripped power from Roman senate and created extreme power for the emperor.

24)
Which is the BEST example of the Executive branch seeking to increase its power in relation to the other two branches?
A)
Harry Truman's decision to use atomic weapons against Japan to end World
War 11
B)
Lyndon Johnson's "Gulf of Tonkin Resolution" in response to Vietnamese
attacks on U.S. warships
Richard Nixon's "Vietnamization program that reduced the number of
American forces in Vietnam
D)
Franklin Roosevelt's "Court Packing" bill that would have allowed him to
add pro-New Deal justices to the Supreme Court

Answers

Answer:

Of the choices offered, the BEST example of the executive branch seeking to increase its power in relation to the other two branches is Franklin Roosevelt's "Court Packing" bill that would have allowed him to add pro- New Deal justices to the Supreme Court. The other three answer choices did not deal with the balance of power between the three branches of government.

Explanation:

D

How did the United Nations hope to protect people from war crimes, crimes against humanity, and genocide? Select all that apply Sending out a stern warning to countries around the world Leading by example and treating everyone fairly Adopted the Convention on the Prevention of the Crime of Genocide By publishing the accounts of survivors involved Created the Universal Declaration of Human Rights​

Answers

Answer:

All but A- Sending out a stern warning to countries around the world.

Explanation:

I hope I helped, would appreciate Brainliest! ;)

Answer: It is B and D

Explanation:

What language in the Brown v. Board of Education
decision did school districts use to avoid
desegregation?
"are necessary and proper"
O "with all deliberate speed"
O "a racially nondiscriminatory basis"
O "such orders and decrees consistent with this
opinion"

Answers

Answer:

A "Are necessary and proper"

Explanation:

I can't really explain why, I just had to read the case transcript a few years ago. The school districts believed that racial segregation in schools was necessary for the flow of society and that it was improper to have black and white children learning together. This ideology was dismantled by the case.

Answer:

b :)

Explanation:

4. How did the American public react to the outcome, and why?

Answers


How did the American public react to that outcome, and why? Chinese Civil War: The U.S.'s government refused to recognize Communism as China's government. The people were shocked that containment had failed and that China was Communist. ... Conservative congressmen then started to say that the U.S. gov't. Can I have brainless please

1. The Constitution guarantees U.S. citizens the right to:
A. a fair trial before a competent judge and/or a jury of their peers
B. lots of time before a trial
C. cruel and unusual punishment
D. be tried for the same crime twice

Answers

Answer:A

Explanation: because I did before

How did the society and culture of Japan change during the Edo period?

Select all that apply.


A new art form and industry arose from precise color printing.A new art form and industry arose from precise color printing. , ,

Kabuki theater became popular and dramatized all kinds of stories.Kabuki theater became popular and dramatized all kinds of stories. , ,

The ruling classes converted to Zen Buddhism and adopted the tea ceremony.The ruling classes converted to Zen Buddhism and adopted the tea ceremony. , ,

Leaders stopped supporting the arts in favor of military expansion.Leaders stopped supporting the arts in favor of military expansion. , ,

Answers

Throughout the Edo period, Japan's society and culture underwent significant transformation. Authorities stopped funding the arts in favor of military conquest. Authorities abandoned funding the arts in favor of a growing military.

What features did Japanese art during the Edo era have?

Edo: Japanese Art, 1615–1868-

Screen paintings, scrolls, sculptures, pottery, lacquers, textiles, and woodblock prints are just a few examples of the many art forms that fall under the umbrella name "Edo," which now denotes a specific aesthetic sense.

What artistic influences did the Edo era have?

Japan entered an era of prosperity and largely tranquility during the Edo period, a time when the arts blossomed. Wealthy city people who were hungry for descriptions of daily life, including both serene household scenes and colorful representations of festivals and pilgrimages, provided artists with a new audience.

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what was the name of the telegram that caused WWI? I don't remember and I think it started with an N, H, or Z. Pls help!​

Answers

It is Zimmerman Telegram

Why might the Founding Fathers have argued
that educational decisions should be left to the
states and local authorities?

Answers

Answer:

Over the course of the convention, the 61-year-old had come to fear the powerful new government his colleagues were creating. Mason thought the president could become a tyrant as oppressive as George III.

Explanation:

Why did President Nixon want to open up diplomatic relations with China?
a. He knew the U.S. could control China and the Asian region.
b. He wanted to trade with China.
c. He reasoned that if the U.S. aligned with China, then Russia might soften its stance with the U.S.
d. He wanted to keep Russia out of China fearing the spread of communism in the region.

Answers

It’s c. He reasoned that if the US aligned with China, then Russia might soften its stance with the US.
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