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GUIDE ON PAGES 48 - 60 ISSUE NO. 1786
26 Sept - 2 October 2019
COSTA BLANCA SOUTH
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COOK’S COSTLY CRASH Costa Blanca is feeling the financial aftermath of the bankruptcy ofEuroBritish travel giant Thomas Cook.
AFTERMATH: A debt of around €1.5 million is expected to be left due to the bankruptcy of travel giant Thomas Cook. IT has been estimated that a debt of €1.5 million has been left by the British company, affecting hotels and businesses in the region. It has also been revealed that more than 13,000 package holidays have been booked from May until the end of the year in the Costa Blanca, substantially less
than the estimated 300,000 that have been booked in the Balearic and Canary Islands. As for tourists currently staying in the Costa Blanc a , A n t o n i o M a y o r, t h e President of Hospec, has said that there are insurances in place that will take tourists back to their home country at no extra cost.
AENA has stated that there has been minimal affect on flights to and from Alicante Airport as there were only two flights a week scheduled for Thomas Cook. The collapse of Thomas Cook, one of the biggest travel companies and one that has been around for 178 years, has meant that
pean governments has had to organise the repatriation of over 600,000 customers from their holidays. The company has more than 50 hotels in 17 countries, an airline, around 2,500 employees and transports around four million tourists from other European countries to Spanish destinations each year.
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