Britain's oldest travel company, Thomas Cook, 'collapsed' today (23.9.19) after last-minute negotiations failed.
The implosion of the company, which began in 1841, has left 150,000 British holidaymakers stranded abroad.
It has also put at risk 22,000 jobs, including 9,000 in the UK.
With so many holidaymakers now stranded, the government has begun the process of bringing them back home.
The BBC website calls it 'the biggest ever peacetime repatriation'.
Dubbed Operation Matterhorn, the repatriation will see 45 jets fly 64 routes today (23.9.19) in a bid to bring back holidaymakers who are now without transport back home.
EasyJet and Virgin have also supplied some airplanes to help.
A spokesperson for Thomas Cook said that the company's collapse was a 'matter of profound regret'.
Meanwhile, The Sun reports that the rescue operation could take up to two weeks.
Social media users took to Twitter to voice their frustrations.
One Tweeter said: "Such a sad day for the travel industry. My thoughts go out to everyone at Thomas Cook."
Such a sad day for the travel industry. My thoughts go out to everyone at Thomas Cook.
Others took an angrier approach, railing against both Thomas Cook and the government.
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Labour MP for Salford, Rebecca Long-Bailey, stormed: "Staff employed by Thomas Cook are threatened with redundancy while British holiday makers risk left being stranded overseas.
"The government failed to inject the £200m needed to save the company, and now it faces a £600m bill to repatriate holiday makers. Disgraceful!"
Anyone who is worried about loved ones or who has questions about their own holiday, is being urged to visit www.thomascook.caa.co.uk/customers/contact-us/.
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