RE: Administrators being lined up20 Sep 2019 21:35
D M ail updated 15.51
But the Mail understands the Atol fund does not currently contain enough money to deal with a Thomas Cook-scale repatriation should it become necessary - and the DfT will be left using taxpayer money to get people home.
There are more than twice the number of Thomas Cook holidaymakers currently overseas than there were Monarch passengers in 2017.
Unless RBS backs down, Thomas Cook's board will have to call in administrators within days.
This could happen as early as Sunday, the Mail understands, and the company has lined up administrators from Alix Partners to step in.