The move is aimed at increasing the liquidity during the 2019-2020 winter low cash period.

On Monday, Thomas Cook Plc stated, it was holding advanced talks with noteholders for a $180.68 million (150 million) pound cash injection into the company.

This is in addition to the 750 million pound cash injection into the company as part of a rescue effort with top shareholder Fosun Tourism.

In a statement, Thomas Cook stated, the additional capital injection will provide it further liquidity during the 2019-2020 winter low cash period.

Categories: Creativity, Economy & Finance, Entrepreneurship, HR & Organization, Strategy

Tags: advanced talks, cash injection, finance, Fosun Tourism, liquidity, low cash, negotiations, noteholders, period, rescue effort, shareholder, Thomas Cook Plc, winter