Thomas Cook customers will not be stranded, vows Raab
The govt is ready to fly holidaymakers back to the UK if Thomas Cook collapses, foreign secretary Dominic Raab has said. Raab said contingency planning was in place to make sure no-one would be stranded. But he dampened hopes of a govt rescue bid for the firm. Ministers did not "systematically step in" when businesses went under unless there was "a good strategic national interest", he said. Raab said he did not want to undermine the rescue talks that Thomas Cook is currently conducting with its biggest shareholder and creditors. The CAA has aircraft on standby in case Thomas Cook does go into administration over night. Those aircraft are currently being flown to destinations so that British tourists can be flown home Monday if necessary. A source said the CAA is "very prepared". <br/>
https://portal.staralliance.com/cms/news/hot-topics/2019-09-23/unaligned/thomas-cook-customers-will-not-be-stranded-vows-raab
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Thomas Cook customers will not be stranded, vows Raab
The govt is ready to fly holidaymakers back to the UK if Thomas Cook collapses, foreign secretary Dominic Raab has said. Raab said contingency planning was in place to make sure no-one would be stranded. But he dampened hopes of a govt rescue bid for the firm. Ministers did not "systematically step in" when businesses went under unless there was "a good strategic national interest", he said. Raab said he did not want to undermine the rescue talks that Thomas Cook is currently conducting with its biggest shareholder and creditors. The CAA has aircraft on standby in case Thomas Cook does go into administration over night. Those aircraft are currently being flown to destinations so that British tourists can be flown home Monday if necessary. A source said the CAA is "very prepared". <br/>
