You are:


Return to news listings

Updated TSSA Statement - Thomas Cook Collapse

23 September 2019

TSSA General Secretary, Manuel Cortes, has said he is seeking urgent meetings with administrators and other parties to look at the possibility of saving Thomas Cook.

Manuel Cortes said: “We are seeking urgent meetings with the Thomas Cook administrators and hope that the company can be sold as a going concern to new investors rather than being thrown on the scrap heap.

“Clearly there was genuine interest in this iconic brand from Fosun and had it not been for the reckless actions of the creditors in recent days Thomas Cook’s future would have been secured.

“We still hope that discussions between Fosun and other parties which may be willing to take on this iconic brand will now be able to take place and given every opportunity of succeeding.

“However, it must be pointed out that the Government have made it far more difficult for that to happen because the Thomas Cook name will have suffered as a result of their inaction.

“The Business Secretary, Andrea Leadsom, has said she wants an urgent inquiry into the collapse of the firm – but the scope of that must include the Government’s response, or lack of response.

“It is incredible that with 9000 jobs on the line she has refused to meet us.”

Return to news listings