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Passengers return home after Thomas Cook collapses



LONDON – One day after British tour operator and airline Thomas Cook collapsed, leaving hundreds of thousands of passengers to make arrangements, the head of the UK Civil Aviation Agency promised that "none" of her country would be also found that subsidiaries in several countries are working to bring people back home.

Thomas Cook said on Friday that about 600,000 people were traveling abroad for her services, raising the prospect of hundreds of thousands of passengers stranded abroad after the company collapsed spectacularly, but initial reports suggested that governments and private companies they are moving to bring people home.

In addition to the huge repatriation effort in the UK, several companies that were subsidiaries of Thomas Cook or use the name while operating independently still function. in China, France, Germany and India.

But shortly after noon on Tuesday, a Thomas Cook branch in the Netherlands, which on Monday said it was open for business as usual, reversed course and said it had filed for bankruptcy.

The development at Thomas Cook has raised questions whether more can be done to prevent the company from collapsing suddenly and whether the actions of its management may have contributed to the failure.

British Business Secretary Andrea Leedsom in a letter to the Head of the Bankruptcy Office, the authority appointed to manage the remaining assets of Thomas Cook, asking for an open check on the role of the directors of the company in the bankruptcy, asking priority status.

The Board of Financial Statements, the UK accounting regulator, stated that it had also been asked by Ms .. Leadsom to investigate the failure of the company and to determine whether to open an investigation.

"Nobody lived, everyone will get their vacation and they'll be back by the time they come back anyway," she said. "I realize we still have a lot of work to do, because that's about 8% of total but reasonable start. "

Aena, Spain's largest airport operator, said on Tuesday that 18 repatriations were scheduled to depart flights from its properties and all operated normally." registered no complaints, " Aena says in a Twitter post at noon.

By A further 74 flights were planned to return 16,500 more to the UK on Tuesday and more in the next two weeks, an additional 135,000 passengers will be repatriated, with efforts continuing until October 6. Passengers traveling after that date will have to

About 60 percent of the cost of the flights was funded by a government insurance program called an Air Travel Organizer license, which means Thomas Cook customers who booked package travel were loved any combination of flights, hotels and rental cars – they are sure to refund future cancellations and repatriation for free. .

Customers who have purchased only Thomas Cook flights do not have the same protections and may need to rely more on personal travel insurance, if any.

Prime Minis ter Boris Johnson of Great Britain said that the government should look into how such situations could be avoided in the future and seemed to support rules that would pass the responsibility of repatriating tour companies rather than the government.

“How can we be sure that tour operators take the right precautionary measures with their business models that do not lead to a situation where the taxpayer, the state, has to intervene and bring people home? "Mr. Johnson said, according to Reuters.

He criticized the New York company attending the UN General Assembly this week. Speaking at a climate summit on Monday, he asked how business leaders

"I find it a little confusing that you can leave 160,000 people in the unknown," Mr. Johnson, according to Reuters. " it is possible to know exactly what happened to the directors of the board of Thomas Cook and how this came about when they Attila x, y or z. "

He later tweeted on Monday night that he had met with British Consulate officers in New York working to repatriate travelers and thanked the consular staff for "It's a difficult time for those who have had intermittent holidays, but the team is hard at work to support them," he writes.

The travel company has been struggling financially for some time and announced its closure after negotiations, to get at least 200 million pounds, or $ 250 million, in extra urgently fine financing failed over the weekend.

The British government has decided not to release Thomas Cook on the grounds that it will set a dangerous precedent for other companies, but Condor, an airline that is Thomas Cook's subsidiary in Germany, may be more favorable.

When German carrier Air Berlin approached bankruptcy in 2017, the government provided the airline with a bridge loan of 150 million euros, about $ 165 million, which allowed

In addition to managing the joint venture with Thomas Cook, the Fosun Group is a major shareholder in the already bankrupt British company. In recent months, Fosun has offered a bailout deal that would give it a 75 percent stake in Thomas Cook's touring department, but the plan failed to garner enough support from other stakeholders in the company.

Fosun said in a statement to the France-Presse Agency that she was "disappointed". Shares in Fosun's shares, listed in Hong Kong, Fosun Tourism and Fosun International, fell this week, reflecting investors' concerns about damage to China's international ambitions and financial health.


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