Thomas Cook also said it's received now "multiple bids" for its airline arm, which was listed for sale earlier this year . But what are your rights if Thomas Cook goes bust if you've already booked your holiday? If you are not covered by the Atol scheme, you should also contact your credit card company or travel insurer. If successful, your credit card will refund your money. Thomas Cook has been keen to emphasise to customers that it isn't going anywhere, and even if it does you should be safe.

Source: Daily Mirror May 20, 2019 13:11 UTC