UK probes auditors of Thomas Cook as foreign branches fall

Some 43,000 holidaymakers are set to return home this week

Britain's aviation regulator said earlier today that refunds of bookings by Thomas Cook customers could take longer than expected as the regulator does not have all information needed from the collapsed travel firm.

A Belgian commercial court in Ghent on Tuesday declared the local travel agency business of British tour operator Thomas Cook bankrupt, putting 500 jobs at risk.

Meanwhile, more information will be available on its website from October 7, said it.

This would enable customers to get refunds within 60 days of receiving refund forms.

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Greece's has a total 9,917 hotels operating throughout the country, of which 1,193 were partnered with Thomas Cook.

"More than 100 aircraft have been used as part of the Matterhorn fleet", said the regulator, adding that "106,000 (travelers have) flown back to United Kingdom in the first seven days of the operation, over two-thirds of the total number to be repatriated".

The costs are still being worked out by Government officials, but initial estimates suggest the repatriation will be double the £50 million it cost when Monarch Airlines collapsed in 2017.

The statement noted that Thomas Cook Netherlands had 200 employees.

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