Thomas Cook has ceased trading with immediate effect – meaning all flights, bookings and holidays are cancelled.
An estimated 150,000 Brits will be stranded abroad now the world’s oldest travel firm has collapsed following a last-ditch attempt to secure a rescue deal.
Passengers travelling with their airline have been urged not to travel to Birmingham Airport this morning for their flight.
The company was unable to secure the extra £200 million needed to keep the business afloat after a full day of crucial talks with the major shareholder and creditors on Sunday (September 22).
A statement from Birmingham Airport reads: “It is with regret that we have been notified, this morning, that Thomas Cook Airlines has ceased trading with immediate effect.
“Our priority is to support passengers that were scheduled to travel from Birmingham Airport.”