Egypt

Egyptian operator owed £7.7 million by Thomas Cook

cde.news desk 2 October 2019, 10:18 · 1 min read

epa07864225 The logo of British travel group Thomas Cook at International Airport in Duesseldorf, Germany, 23 September 2019. More than 600,000 vacation reservations were canceled on 23 September, after Thomas Cook ceased to operate. According to media reports, the company's collapse will see Britain's largest peace time repatriation take place to get stranded customers home. EPA-EFE/FRIEDEMANN VOGEL

Thomas Cook has dues of 7 £7.7 million to local operator Blue Sky Group, Blue Sky’s chairman Hossam El-Shaer said.

Shaer did not give further details. Thomas Cook, the world’s oldest travel firm, collapsed last week, sparking a major tourist repatriation effort and a scramble for survival among many of its subsidies.

Blue Sky said last week that 25,000 reservations in Egypt booked up to April 2020 had been cancelled, and that it had been expecting 100,000 tourists to visit Egypt via Thomas Cook next year.

Via Reuters

Filed under Business Egypt Tourism

Topics blue sky group Hossam El-Shaer thomas cook

Egyptian operator owed £7.7 million by Thomas Cook

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