The travel company Thomas Cook has announced its insolvency. Vacationers on site must be recalled, planned vacations will be forfeited. The consumer center and the consumer center federal association provide information on consumer law information.
German Thomas Cook insolvent, Condor continues to fly
On 25. September 2019, German Thomas Cook companies Thomas Cook GmbH, Thomas Cook Touristik GmbH, Bucher Reisen and oger Tours GmbH have also filed for insolvency. This also includes the German subsidiary Neckermann-Reisen and the vacation airline Condor. Flights with Condor should continue for the time being, however. The German subsidiary has applied for and received a government-guaranteed bridging loan: The German government and the state government of Hesse have agreed to guarantee Condor a six-month bridging loan of €380 million.
Continue reading