Egypt operator owed $7.7 by Thomas Cook - chairman

Reuters| Cairo | Egypt Arab Rep

Updated: 30-09-2019 16:46 IST | Created: 30-09-2019 16:06 IST

Image Credit: Twitter (@tcookin)

Thomas Cook has dues of 125 million Egyptian pounds ($7.7 million) to local operator Blue Sky Group, Blue Sky's chairman Hossam El-Shaer said on Monday.

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.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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