Britain will try to recover cost of Thomas Cook repatriation-minister

Fosun Tourism

25/09/2019 14:02

LONDON, Sept 25 (Reuters) - Britain will try to recoup the
cost of repatriating tens of thousands of Thomas Cook customers
and will examine if airlines could be wound down in a more
orderly process after collapse, Transport Minister Grant Shapps
said on Wednesday.
    "We have entered into discussions with third parties with a 
view to recovering some of the costs of this large operation,"
he told lawmakers.
    Talks would be held with industry insurance scheme ATOL,
relevant credit and debit card providers, travel insurers and
other travel providers through which passengers may have booked
Thomas Cook holidays, he said.
    "We are also in discussions with the official receiver to
understand what costs can be recouped through the company's
assets as well," he said.
    "We need to look at the options, not just in ATOL, but also
whether it is possible for airlines to be wound down in a more
orderly manner," he said. "We need to be able to ensure that
their planes can keep flying in order that we don't have to set
up a shadow airline."
    

 (Reporting by Paul Sandle' editing by Kate Holton)
 ((paul.sandle@thomsonreuters.com; +44 20 7542 6843; Reuters
Messaging: paul.sandle.thomsonreuters.com@reuters.net))