The closing of Thomas Cook, the gigantic travel company, dragged down a debt of some $12 billion, according to a piece of news posted by Skift in reference to a report issued by the UK Insolvency Service.
Troubled airline Fly Jamaica is seeking protection from creditors as it tries to restructure and stay in business or explore other options.
European travel and tourism company TUI wants to begin offering holidays to customers from such countries as China, Brazil, Spain and Italy.
Thomas Cook is set to be relaunched by its Chinese owner, who plans to use the 178-year-old British tour operator’s brand on a travel platform targeting European customers.
The sale of WestJet is not complete, according to a news report released by 660 News, a radio station in Calgary, Alberta.
The growing tourist demand is one of the reasons that has led Uber to expand its presence in Dominican Republic territory.