Thomas Cook are still having difficulty with their finances after announcing half year losses on the rise, following a challenging six months.
According to Thomas Cook - more than half the deficit was due to costs of £384.6m - classed as specially disclosed items - which are not the result of normal operating performance.
The travel firm has still recorded a loss of £328m compared with £269m for the previous year.
Earlier this month the travel company had struck a new £1.4 billion refinancing package with its lenders until 2015.
With Thomas Cook struggling - it's no wonder how some of the smaller travel firms are also having a tough time and are facing company insolvency in this challenging economic period ahead.
