'Profound regret': Thomas Cook goes bust with tourists stranded

Thomas Cook, the world's oldest travel company, has collapsed under a pile of debts, leaving hundreds of thousands of holidaymakers stranded around the globe and setting off the largest peacetime repatriation effort in British history.
CEO Peter Fankhauser said on Monday that it was a matter of profound regret that the company had gone out of business after it failed to secure a rescue package from its lenders.
The United Kingdom's Civil Aviation Authority (CAA) said Thomas Cook had now ceased trading and the regulator and government would work together to bring the more than 150,000 British customers home over the next two weeks.
Al Jazeera's Catherine Stancl reports from London.

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