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unstar this property registered interest false more like this
star this property date less than 2019-09-25more like thismore than 2019-09-25
star this property answering body
Department for Transport more like this
star this property answering dept id 27 more like this
unstar this property answering dept short name Transport more like this
star this property answering dept sort name Transport more like this
star this property hansard heading Thomas Cook: Insolvency more like this
star this property house id 2 remove filter
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25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government whether they took steps, in the light of the collapse of Monarch Airlines and the expenditure of public funds in repatriating travellers, to ensure that public funds will not be irrecoverably spent in repatriating customers of Thomas Cook; and if so, what steps. more like this
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Lord Myners more like this
star this property uin HL17824 remove filter
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answer
star this property is ministerial correction false more like this
star this property date of answer less than 2019-10-07more like thismore than 2019-10-07
star this property answer text <p>The failure of Thomas Cook is one of the largest travel company failures we have ever seen. A failure of this size, and the number of passengers affected, is unprecedented. In these circumstances, it is right that the Government should step in and help affected passengers return home as smoothly as possible. We are seeking to minimise the impact on the Government and taxpayers by recovering costs where appropriate through the ATOL scheme, credit card companies and travel insurance.</p><p> </p><p>The majority of Thomas Cook passengers are ATOL protected and the costs for repatriating those passengers will be covered by the ATOL scheme.</p><p> </p><p>An independent Airline Insolvency Review, chaired by Peter Bucks concluded earlier this year and the Government published the final report on 9 May 2019. The Review also acknowledged there was no “silver bullet or one-size-fits-all” solution, to ensure consumer protection in the event of airline insolvency. The recommendations are complex and represent an evolutionary, incremental policy approach over many years that takes into account an expected implementation period. The Government is actively considering the recommendations of the review and is committed to taking steps accordingly.</p><p><strong> </strong></p>
star this property answering member printed Baroness Vere of Norbiton more like this
star this property question first answered
less than 2019-10-07T16:07:57.827Zmore like thismore than 2019-10-07T16:07:57.827Z
unstar this property answering member
4580
star this property label Biography information for Baroness Vere of Norbiton more like this
star this property tabling member
3869
unstar this property label Biography information for Lord Myners remove filter