The Rise & Fall of Thomas Cook: How The Oldest Travel Agent In The World Went Bust In 2019

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  • čas pƙidĂĄn 5. 08. 2024
  • The Rise & Fall of Thomas Cook: How The Oldest Travel Agent Went Bust In 2019. How did Thomas Cook go bust? How did Thomas Cook collapse? When was Thomas Cook's last flight? In 2019, Thomas Cook, the oldest travel agent in the world went bust. But how did the 178 year-old company go out of business?
    Here's How It Happened.
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    #howithappened
    #howthomascookwentbust
    #howthomascookfailed
    #howthomascookcollapsed
    #thomascook
    #travelagent
    #2019
    #business
    #finance

Komentáƙe • 27

  • @olliemilton6701
    @olliemilton6701 Pƙed 4 lety +3

    Great vid!

  • @noahparfitt5151
    @noahparfitt5151 Pƙed 4 lety +7

    Sounds like they had a very eventful ride. Love the graphics!

    • @HowItHappened
      @HowItHappened  Pƙed 4 lety

      Was a bit too bumpy in the end...glad you enjoyed it!

  • @henrymilton9105
    @henrymilton9105 Pƙed 4 lety +4

    Enjoyed this! Didn’t even realise how it started

    • @HowItHappened
      @HowItHappened  Pƙed 4 lety

      Glad you enjoyed it! Interesting to know how business are started in the first place!

  • @danimiklova3184
    @danimiklova3184 Pƙed 4 lety +5

    Really interesting vid, I had no idea that’s #howithappened!

  • @aidanshields7879
    @aidanshields7879 Pƙed 4 lety +2

    Very interesting!

  • @entreconnect38
    @entreconnect38 Pƙed 4 lety +3

    Really interesting!

    • @HowItHappened
      @HowItHappened  Pƙed 4 lety +1

      Glad you think so! Keep coming back for more interesting videos!

  • @LRAnnabel
    @LRAnnabel Pƙed 4 lety +3

    That’s so interesting!

  • @KarenRiceArt
    @KarenRiceArt Pƙed 4 lety +3

    Great informative video, learnt loads, great voice! Fabulous graphics! More please! :)

    • @HowItHappened
      @HowItHappened  Pƙed 4 lety

      Thanks Karen! Videos out Monday - Wednesday - Friday!

  • @lukejames7075
    @lukejames7075 Pƙed 3 lety

    You should do a rise and fall and rise again as Thomas cook was brought back last year

  • @davidlambe2856
    @davidlambe2856 Pƙed 2 měsĂ­ci

    It's great shame they went bust

  • @farestellisi8031
    @farestellisi8031 Pƙed 4 lety +3

    I wonder which travel company is next in this climate!

  • @deeya
    @deeya Pƙed 2 lety

    The scale of this thing was crazy. I'm from a SE Asian country, our airlines were chartered to go save stranded British passengers. Like WTF?!
    Hundreds of thousands of British tourists *chose* to do business with a struggling holidaymaker. Hmm...

    • @brettpatrick6582
      @brettpatrick6582 Pƙed rokem

      I think the thing with this sort of thing is a lot of holidaymakers don’t generally take into account an airline’s financial stability when booking, we probably don’t feel the need to (despite this sort of thing happening time and time again)

  • @edenalexandriab9120
    @edenalexandriab9120 Pƙed 2 lety +1

    Keep strong. Dont forget that despite the struggles in this world, God is full of justice, mercy and love.
    Justice said we broke His perfect law - causing the world's previous perfection to be destroyed - and therefore we deserve Hell (like a punishment in any legal system but this is eternal as His perfect law is eternal too). Don't think you fit in that category? Ever done one of these?: lying, stealing - regardless of how small the object EVER, hating others - which is murder in God's perfect law, lusting (plus God sees our entire thought life). Justice says "the soul that sins shall die" - if we break one in thought/word/deed it's as if we're guilty of all of them. Quite simply, living by the law (which is doing everything perfectly) is impossible for sinful humans
    . The law shows us that 1. We will die in Hell if we fail to follow it and 2. We cannot save ourselves BUT, 3. God's perfect, immovable law points us to Christ, who followed and fulfilled the law in thought, word and deed perfectly in our place. He did what we couldn't and did it on our behalf. He was then sentenced to death on a cross, and took our personal punishment for our sin, paying our penalty (like paying our fine) completely FOR us, and has given us freedom.
    If we turn from the sins we have committed and repent (pursue the opposite direction of love through Christ) He will, overtime, recreate us back into that previously perfect image through The Holy Spirit which Jesus sends to all who accept Him as their personal Lord and Savior of their life. He will help us through the struggle, the stress, and anything we experience in the world. It's about letting Christ in to guide and teach you and obeying Him through His power (not ourselves, we need Him to help us as it's impossible without depending on His power and instruction).
    He is our substitute in His life, death and resurrection. He essentially rewrote history in our place so that, if you believe in Him, it will be as if you had never sinned if you accept Christ's death as our own in our place.
    He is in Heaven right now preparing a place for us so that He can take His faithful, believing children home with Him when He returns. He will ressurrect us from death when He returns, giving mercy to those who accept His love, instruction and teachings in their life, and give justice to those who refuse it.
    He doesn't want ANY of us to go to Hell and die for continuing in evil and rejecting His way to life, thats why He died FOR us. Hes giving EVERYONE a chance, He wants everyone to take the free gift of salvation from Hell. He wants us to be His and begin to follow His life of love and service through His power and abiding (staying) with Him. So long as we keep our hearts near to Christ through His strength, strive to follow His will of perfect love revealed in the Bible, and let Him lead in the midst of (very certain) pitfalls and struggles, we will, in time, win the ultimate victory over sin, pain and DEATH through Christ. Even if you are willing to be made willing, pray for Jesus to come in and He will do what we can't. Give us The Holy Spirit who will guide us in the right way.
    Christ says in John 16:33: I have told you these things, so that in Me you may have [perfect] peace. In the world you have tribulation and distress and suffering, but be courageous [be confident, be undaunted, be filled with joy]; I have overcome the world.” [My conquest is accomplished, My victory abiding.]
    - (AMPLIFIED version)
    NOTE: You are NEVER too sinful or messed up that God cannot turn your life around through Jesus. EVER. Regardless of what you've done or what you're going through you CAN make it through Jesus.
    If you have any questions let me know. X

  • @nosferatu488
    @nosferatu488 Pƙed 2 lety +1

    lol im soo glad they got out of business

  • @rossco5409
    @rossco5409 Pƙed 2 lety

    Fat cats at the top destroyed this business , greed