Travel company Thomas Cook has asked lenders to come to its rescue for the second time in five weeks, sending shares into freefall as it warned of a possible default.
Analysts said the move threw into question the future of the 170-year-old firm, which provides holidays for 19 million customers each year and has 30,000 staff.
The company – which trades here as Panorama, Sunworld and Airtours, has been hit hard by tough trading conditions. – (Reuters)