LONDON—British travel agency Thomas Cook was born to cater to moneyed Victorians, taking them on grand tours around Europe and the U.S. It evolved over nearly two centuries into a charter service for European budget holidaymakers.

Early Monday, the 178-year-old company went bust, stranding as many as 500,000 of these modern-day globe-trotters and triggering what the U.K. government said was its biggest-ever peacetime repatriation.

The marooning of an estimated 150,000 U.K.-based travelers alone by the bankruptcy set off round-the-clock news coverage here. It also provided newly minted Prime Minister Boris Johnson —already fighting both the European Union and his country’s Parliament over Brexit—a fresh crisis.

Excerpt from WSJ

Read the full article

Subscriber Log In

Breaking News - From Avmark Newsletter

Cron Job Starts