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World’s Oldest Travel firm and British travel giant Thomas Cook collapses, stranding hundreds of thousands

Thomas Cook , the World’s Oldest and British travel giant firm on Monday, September 23, declared bankruptcy after failing to reach a last-ditch rescue deal, triggering the UK’s biggest repatriation since World War II to bring back stranded passengers.

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[vc_row][vc_column][vc_column_text]Thomas Cook , the World’s Oldest and British travel giant firm on Monday, September 23, declared bankruptcy after failing to reach a last-ditch rescue deal, triggering the UK’s biggest repatriation since World War II to bring back stranded passengers.

The 178-year-old operator had been desperately seeking £200 million ($250 million) from private investors to save it from collapse.

“Despite considerable efforts, those discussions have not resulted in agreement between the company’s stakeholders and proposed new money providers,” Thomas Cook said in a statement. “The company’s board has therefore concluded that it had no choice but to take steps to enter into compulsory liquidation with immediate effect,” it added. 

Chief Executive Peter Fankhauser said it was a matter of profound regret that the company had gone out of business after it failed to secure a rescue package from its lenders in frantic talks that went through the weekend.

“I would like to apologise to our millions of customers, and thousands of employees, suppliers and partners who have supported us for many years,” Fankhauser said in a statement.

“It is a matter of profound regret to me and the rest of the board that we were not successful,” he added.

“This marks a deeply sad day for the company which pioneered package holidays and made travel possible for millions of people around the world,” he further said.

British Prime Minister Boris Johnson pledged to get stranded British travellers home and revealed that the government had rejected a request from Thomas Cook for a bailout of about 150 million pounds ($187.1 million) because doing so would have set up a “moral hazard”.

“It is a very difficult situation and obviously our thoughts are very much with the customers of Thomas Cook, the holiday makers who may now face difficulties getting home we will do our level best to get them home,” he told  reporters on a plane as he headed to the UN General Assembly in New York.

The government said it had hired planes to fly home an estimated 150,000 holidaymakers to the UK, in an operation starting on Monday.

British Transport Minister Grant Shapps said the government had managed to “acquire planes from across the world” to get people home, and call centres had been established to answer travellers’ queries.

Transport Secretary Grant Shapps also announced that the government and UK Civil Aviation Authority has hired dozens of charter planes to fly customers home free of charge,” a separate statement said, describing it as the largest repatriation in peacetime history.

“All customers currently abroad with Thomas Cook who is booked to return to the UK over the next two weeks will be brought home as close as possible to their booked return date,” he said. 

The firm’s creditors held a marathon meeting on Sunday, September 22, to try and work out a deal, followed by a meeting of the board of directors.

 Reports said a collapse of the group would mean the repatriation of 600,000 tourists, including around 150,000 seeking government help returning to the UK.

Two years ago, the collapse of Monarch Airlines prompted the British government to take emergency action to return 110,000 stranded passengers, costing taxpayers some £60 million on hiring planes.

Not only the grounding of its planes, Thomas Cook has been forced to shut travel agencies, leaving the group’s 22,000 global employees, 9,000 of whom are in Britain, out of a job.

Holidaymakers had already reported problems, with guests at a hotel in Tunisia owed money by Thomas Cook being asked for extra money before being allowed to leave, according to reports.

Ryan Farmer, from Leicestershire, told BBC Radio Five’s Stephen Nolan the hotel had on Saturday afternoon summoned all guests who were due to leave to go to reception “to pay additional fees”.

With many tourists refusing to pay on the grounds they had already paid Thomas Cook, security guards were keeping the hotel’s gates shut, refusing to allow guests out, or to let new visitors enter.

“We can’t leave the hotel. I’d describe it as exactly the same as being held hostage,” Farmer said.

Thomas Cook in May revealed that first-half losses widened on a major write-down, caused in part by Brexit uncertainty that delayed summer holiday bookings. The group, which has around 600 stores across the UK, has also come under pressure from fierce online competition.

Cabinet maker Thomas Cook created the travel firm in 1841 to carry temperance supporters by train between British cities. It soon began arranging foreign trips, being the first operator to take British travellers on escorted visits to Europe in 1855, to the United States in 1866 and on round-the-world trips in 1872.

The company was also a pioneer in introducing “circular note” — products that would later become traveller’s cheques.

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Bangladeshi singer James’ concert cancelled after mob attack in Faridpur

A live concert by Bangladeshi singer James was cancelled in Faridpur after a mob allegedly attacked the venue with bricks and stones, raising concerns over safety of artists.

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A concert by popular Bangladeshi singer James was cancelled in Faridpur, around 120 kilometres from Dhaka, after a mob allegedly threw bricks and stones at the venue, forcing local authorities to call off the event.

According to local reports, the concert was scheduled for 9 pm on Friday to mark the anniversary of a local school. A group of attackers attempted to forcibly enter the venue and began pelting stones, creating panic among the audience. Locals said students present at the site initially tried to resist the attackers, but the situation escalated, prompting authorities to cancel the programme.

Taslima Nasreen raises concern over attacks on culture

Author Taslima Nasreen highlighted the incident on social media, expressing concern over what she described as a growing pattern of attacks on artists and cultural spaces in Bangladesh. In her post, she referred to earlier incidents involving cultural institutions and said that the singer was not allowed to perform due to the actions of radical elements.

Nasreen also cited recent instances involving classical musicians. She mentioned that Siraj Ali Khan, grandson of renowned musician Ali Akbar Khan and a noted artist of the Maihar gharana, returned to India without performing in Dhaka, stating he would not return until artists and cultural institutions were safe. She further said that Arman Khan, son of Ustad Rashid Khan, had also declined an invitation to perform in Dhaka.

James’ popularity and wider concerns

James, a well-known Bangladeshi singer-songwriter, guitarist and composer, is the lead vocalist of the rock band Nagar Baul. He has also sung popular Hindi film songs such as Bheegi Bheegi from Gangster and Alvida from Life In A Metro, making him a familiar name across the region.

The cancellation of his concert has drawn attention to recent attacks on cultural organisations, artists and journalists in Bangladesh. Critics have alleged that the interim administration has failed to rein in violent mobs, amid claims that such incidents are contributing to a deteriorating law-and-order situation ahead of elections scheduled in February.

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India flags attacks on Hindus in Bangladesh as worrisome after recent lynchings

India has reacted sharply to recent lynchings of Hindu men in Bangladesh, calling the attacks on minorities worrisome and urging that those responsible be brought to justice.

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India has expressed strong concern over a series of violent incidents targeting members of minority communities in Bangladesh, following the lynching of two Hindu men in separate incidents. The Ministry of External Affairs said such attacks are “worrisome” and cannot be ignored, stressing that those responsible must be held accountable.

Speaking on Friday, External Affairs Ministry spokesperson Randhir Jaiswal said New Delhi has taken serious note of the developments across the border and is closely monitoring the law and order situation. He underlined that continued violence against minorities, including Hindus, Christians and Buddhists, remains a matter of grave concern for India.

“The unremitting hostility against minorities in Bangladesh at the hands of extremists is deeply troubling,” Jaiswal said, while condemning the recent killing of a Hindu youth in Mymensingh. He added that incidents of violence cannot be dismissed as exaggeration and expressed hope that perpetrators would be identified and punished.

According to the ministry, over 2,900 incidents of violence against minorities — including killings, arson and land-related crimes — have been documented by independent sources during the tenure of Bangladesh’s interim government. These developments, India said, cannot be brushed aside.

Rajbari killing under investigation

The latest incident took place on Wednesday in Pangsha upazila of Rajbari district, around 145 km west of Dhaka. As per police accounts quoted by media, the victim, identified as Amrit Mondal, was beaten to death by local residents following allegations of extortion.

Police said Mondal was suspected of leading a criminal gang and had allegedly attempted to extort money from a local resident along with his associates. Locals confronted the group and assaulted Mondal, leaving him critically injured. He was later taken to a hospital, where doctors declared him dead in the early hours of the morning.

Mondal’s body was sent to Rajbari Sadar Hospital for post-mortem examination. While most of his alleged associates fled, police said one person was arrested and firearms were recovered. Investigators also noted that Mondal had multiple criminal cases registered against him, including a murder case.

Lynching in Mymensingh sparks outrage

The Rajbari incident came days after another Hindu man was lynched in Mymensingh, triggering widespread outrage. The victim, identified as Dipu Das, also referred to as Dipu Chandra Das, was a factory worker in the city, located about 112 km north of Dhaka.

According to police and local reports, Das was attacked by a mob over allegations of blasphemy. He was first beaten outside a factory and later hanged from a tree. After the killing, his body was left along the Dhaka-Mymensingh highway and set on fire, leading to traffic disruption. Videos of the incident circulated widely on social media, fuelling anger and concern.

Interim government responds

Bangladesh’s interim government, led by Chief Adviser Muhammad Yunus, condemned the killing and said it does not support illegal activities, mob violence or mass beatings. At the same time, it maintained that the Rajbari incident was not communal in nature, describing it as a violent episode linked to alleged extortion and criminal activities. The administration said legal action would be taken against all those directly or indirectly involved.

India, however, reiterated that violence against minorities is a serious issue and called for effective action to ensure justice and safety for vulnerable communities.

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Khaleda son Tarique Rahman arrives to rapturous welcome in Bangladesh

Tarique Rahman returned to Bangladesh after 17 years and, in his first speech, invoked Martin Luther King while outlining what he called a plan for the country’s future.

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Bangladesh Nationalist Party (BNP) acting chairman Tarique Rahman, who returned to Bangladesh on Thursday after 17 years in exile, outlined his political vision in his first public address, drawing a comparison with American civil rights leader Martin Luther King Jr.’s famous “I have a dream” speech.

Addressing a massive gathering in Dhaka, Rahman said that just as Martin Luther King spoke of a dream, he wished to speak of a concrete plan for Bangladesh. He referred to the country as “Beloved Bangladesh” and thanked party leaders, workers and citizens who stood by the BNP during his absence.

Rahman, the son of former President Ziaur Rahman and former Prime Minister Khaleda Zia, said that his plan would succeed only with public support and urged citizens to participate actively in nation-building.

Parallels drawn with 1971 and 2024 movements

In his speech, Rahman linked the 1971 Liberation War with the 2024 uprising against the government of former Prime Minister Sheikh Hasina. He said those who lost their lives in these movements should be honoured by building the country they had envisioned.

“We liberated Bangladesh in 1971, and we liberated it again in 2024,” he said, adding that the events of 2024 were about defending the country’s independence and sovereignty. He stressed the need to “repay the blood debt of the martyrs” through responsible governance.

Emphasis on tolerance, safety and economic rights

Touching upon Bangladesh’s social fabric, Rahman said the country belongs to everyone, irrespective of religion or geography, and underlined the importance of tolerance. He spoke about creating a safe environment where women, men and children can move freely without fear.

He also said the BNP would focus on peace, political reform and strengthening the economy. Referring to student leader Sharif Osman Hadi, Rahman said he had dreamt of a democratic Bangladesh and promised justice in connection with his killing, along with restoring people’s economic rights.

Call to youth and visit to Khaleda Zia

Rahman called upon the younger generation to take responsibility for development and stability, stressing that collective effort would be crucial to implementing his plan for Bangladesh.

After the address, he left to visit his ailing mother, Khaleda Zia, who is undergoing treatment at Evercare Hospital.

Rahman has been living in exile since 2008 following convictions in multiple corruption cases, which he has described as politically motivated. He has also alleged that the previous government attempted to assassinate him through torture.

With the Awami League barred from contesting elections, the political landscape has narrowed significantly. The BNP now holds a dominant position, and Rahman’s return has added fresh momentum and uncertainty to Bangladesh’s political future.

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