Teaching from Thomas Cook bankruptcy: Lambrecht thinks of package travel tax

              Thursday, November 07, 2019

              At the end of September, Thomas Cook files for bankruptcy. The demands of customers already amount to more than 250 million euros. Most will go out empty-handed. Consumer Protection Minister Lambrecht therefore brings a fund into play.
              Consumer Protection Minister Christine Lambrecht wants to draw fast consequences from the bankruptcy of the tour operator Thomas Cook. "From the banking system, we know solutions that build on a combination of insurance and funds, and in such a system, both tour operators and customers would pay into a fund that can be used in the event of bankruptcy," the SPD politician said. Image". According to the previous legal requirements of the bankruptcy insurer, according to the sheet only for 110 million euros stand straight. The demands of the tourists amounted to but so far already on 250 million euro, tendency rising. This means that the package travel insurance will become almost worthless in the case of Thomas Cook. Flat-rate travel is likely to be more expensive It must be clear that a potential fund will be borne by tour operators and customers, "Lambrecht continued "In the case of a fund, small surcharges for travelers are to be expected." Lambrecht rejects a failure of the German government in the Thomas Cook bankruptcy. (Photo: picture alliance / dpa) Lambrecht also ordered Failure of the Federal Government in the context of the bankruptcy of Thomas Cook in Germany back. "I believe, one could not foresee at the time of the guideline conversion, that it will come to a damage case of this dimension." The enterprise 178 years founded Thomas Cook had on 23 September Bankruptcy filed, followed shortly thereafter by the German subsidiary, with the exception of 22,000 employees Hundreds of thousands of tourists were affected worldwide. The United Kingdom launched the largest return operation for stranded tourists since the end of World War II. In Germany is still disputed about the reimbursement of the costs of repatriation.

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