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This highlights the importance of understanding your risks and having contingency plans. While the UK may bring their citizens home, when Renaissance Cruise Lines went belly up about 15 years ago, I think the Americans were stranded. If you use cruise insurance, this is a compelling reason to consider third party insurers, rather than the cruise line's insurance.

178-year-old British tour operator Thomas Cook collapsed Sunday night, potentially stranding hundreds of thousands of travelers.

The company said in a statement that its board "concluded that it had no choice but to take steps to enter into compulsory liquidation with immediate effect."

The UK Civil Aviation Authority tweeted Sunday that all Thomas Cook bookings have been canceled.
The move is likely to trigger the largest ever peacetime repatriation of British nationals, topping the operation the government carried out after the 2017 collapse of Monarch Airlines.

the British government has a plan to bring home the 160,000 UK travelers possibly stranded by Thomas Cook's collapse. Thomas Cook on Friday confirmed to CNN that it currently has 600,000 customers on vacation, including those 160,000 from the United Kingdom.

The plan, nicknamed Operation Matterhorn, would cost the UK government an estimated $750 million, the country's Civil Aviation Authority confirmed to CNN. Some aircraft are already being flown to holiday destinations as part of this operation so British tourists can be brought home

Since May 2018, shares have fallen by more than 96% amid Brexit uncertainty and intense competition in the tourism sector.

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