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UPDATE 1-UK plans to fly 135,300 people back after Thomas Cook collapse

Tue, 24th Sep 2019 06:59

(Adds details)

LONDON, Sept 24 (Reuters) - Emergency flights brought 14,700
people back to the United Kingdom on Monday after the collapse
of travel firm Thomas Cook, and around 135,300 more are expected
to be returned over the next 13 days, Britain's aviation
regulator said.

The collapse of Thomas Cook in the early hours of Monday
left hundreds of thousands of people stranded at holiday
destinations around the world.

"With 13 days remaining and approximately 135,300 passengers
still to bring back to the UK, we are working around the clock,
in conjunction with the government and the aviation industry, to
deliver the flying programme after Thomas Cook ceased trading,"
the regulator said.

More than 14,700 people were returned to the UK on Monday on
64 flights. Seventy-four flights were scheduled on Tuesday, to
bring back 16,500 people. More than 1,000 flights are planned.

"A repatriation of this scale and nature is unprecedented
and unfortunately there will be some inconvenience and
disruption for customers. We will do everything we can to
minimise this as the operation continues," Richard Moriarty,
Chief Executive at the Civil Aviation Authority, said.

"We want people to continue to enjoy their holiday, so we
will bring them back to the UK on their original departure day,
or very soon thereafter."
(Reporting by Guy Faulconbridge; Editing by Kim Coghill and
Paul Sandle)

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23 Sep 2019 09:35

UPDATE 1-European stocks sink after weak business surveys

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23 Sep 2019 09:32

46 flights operated by Thomas Cook in Spain cancelled - Airport operator AENA

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23 Sep 2019 09:29

Germany Lufthansa not interested in Thomas Cook bid - Die Welt

BERLIN, Sept 23 (Reuters) - Lufthansa has no plans to acquire insolvent British travel company Thomas Cook, the airline told German newspaper Die Welt on Monday.It did not rule out an offer for Thomas Cook's German subsidiary, Condor.Carsten Spohr...

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23 Sep 2019 09:14

UPDATE 1-Thomas Cook's collapse strands about 50,000 in Greece, official says

(Updates with financial hit on hotels)ATHENS, Sept 23 (Reuters) - About 50,000 tourists are stranded in Greece, mainly on islands, after British travel firm Thomas Cook collapsed, a Greek tourism ministry official told Reuters on Monday.The touris...

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23 Sep 2019 09:00

UPDATE 1-Thomas Cook collapse boosts rival holiday companies, budget airlines

(Adding details, comment)LONDON, Sept 23 (Reuters) - Thomas Cook's collapse boosted shares in TUI and budget airlines easyJet and Ryanair on Monday as investors pinned hopes on the tour operator's closure cutting capacity in the saturated Europea...

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23 Sep 2019 08:52

Thomas Cook's Condor still flying, no need for German repatriation mission -spokesman

BERLIN, Sept 23 (Reuters) - Flights by collapsed tour operator Thomas Cook's German subsidiary Condor were operating as normal and there is no need for a major repatriation mission, a spokesman for the German Aviation Association (BDL) said on Mo...

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23 Sep 2019 08:45

Turkey to support local companies hit by Thomas Cook; 21K customers in country

ISTANBUL, Sept 23 (Reuters) - The Turkish finance and tourism ministries are working on a loan support package for local companies affected by the collapse of travel firm Thomas Cook, the Tourism Ministry said on Monday.It said on Twitter that 21,...

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23 Sep 2019 08:39

LIVE MARKETS-Europe dips, Thomas Cook collapse lifts travel stocks

* European shares open lower * Investors wait for clarity on Sino-US talks * Travel sector stocks gain after Thomas Cook collapses * Weak French, German PMIs disappoint Welcome to the home for real-time coverage of European equi...

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23 Sep 2019 08:12

Labour's McDonnell says Thomas Cook bosses should pay back bonuses

BRIGHTON, England, Sept 23 (Reuters) - Thomas Cook bosses should have to pay back any bonuses they have received, Britain's opposition Labour Party finance spokesman John McDonnell said on Monday following the travel firm's collapse.McDonnell, ask...

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23 Sep 2019 08:10

Travel firm Thomas Cook's collapse strands about 50,000 in Greece-Greek govt official

ATHENS, Sept 23 (Reuters) - About 50,000 tourists are stranded in Greece, mainly on islands, as a result of British travel firm Thomas Cook's collapse, a Greek tourism ministry official told Reuters on Monday.The tourists, mainly British, were vac...

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23 Sep 2019 07:59

LIVE MARKETS-What's on our radar

* European shares seen opening lower* Asian shares dip, investors wait for clarity on Sino-US talks* Eyes on travel sector after Thomas Cook collapses Welcome to the home for real-time coverage of European equity markets brought to you by Reuters s...

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23 Sep 2019 07:49

Travel operator TUI, airlines shares seen boosted by Thomas Cook collapse

LONDON, Sept 23 (Reuters) - Shares in European airlines and travel operator TUI are expected to rise on Monday after the collapse of Thomas Cook, which will cut some overcapacity that has hurt profits and weighed on holiday prices in recent years...

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23 Sep 2019 07:34

Thomas Cook collapses after rescue talks fail

(Sharecast News) - Travel operator Thomas Cook finally collapsed on Monday as last-minute talks to save the industry giant failed, leaving 600,000 holidaymakers stranded around the world and putting 22,000 global jobs at risk.

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23 Sep 2019 07:19

Government should have saved travel firm Thomas Cook - UK Labour Party

BRIGHTON, England, Sept 23 (Reuters) - The British government should have stepped in with a temporary rescue package for collapsed travel firm Thomas Cook, the opposition Labour Party's finance spokesman John McDonnell said on Monday."I'm disappoi...

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23 Sep 2019 07:17

Thomas Cook's Condor will continue operations, seeks bridging loan

BERLIN, Sept 23 (Reuters) - Thomas Cook's German holiday airline Condor has asked the German government for a bridging loan, the company said on Monday, adding that it would continue its flight operation despite its parent company's insolvency."C...

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