Thomas Cook NL throws in the towel, files for court protection
Thomas Cook Nederland has filed for court protection from its creditors in the wake of the bankruptcy of its British parent.
The British company filed for bankruptcy on Monday and it had been unclear what would happen to the European operations. Thomas Cook operates under its own and the Neckermann Reizen labels in the Netherlands.
The filing, which was not unexpected, will not have an impact on the 10,000 Dutch holidaymakers who are currently abroad, as the travel sector guarantee fund stepped in on Monday to ensure travellers are brought home and to refund cancelled holidays.
An estimated 50,000 people in the Netherlands had booked a winter holiday through the company which employs some 200 people in the Netherlands.
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