a combination of offers would allow the takeover of 350 employees

The French subsidiary of the tour operator was placed in receivership on October 1, in the wake of the bankruptcy of its British parent company.

By Le Figaro with AFP

Thomas Cook France, which employs 777 employees in France and owns 174 travel agencies in its own right.
Thomas Cook France, which employs 777 employees in France and owns 174 travel agencies in its own right. OLI SCARFF / AFP

The French subsidiary of the tour operator Thomas Cook reported Monday, November 18, 12 partial offers of recovery that would save nearly 350 employees cumulated, slightly less than half of the current workforce, and 149 agencies.

Initially, 15 tenders had been submitted on November 5, but the Nanterre Commercial Court had decided to give the court administrators an additional two weeks to improve the files. But a consortium of six buyers has reviewed its offer, which could also concern consumer activities, while several independent offers have positioned themselves on the takeover of agencies and the marathon activity.

"On the other hand, the offer offered by the management, which was the only one to propose a revival of the tour operating Jet Tours business, was unable to find all the necessary financing within the given deadlines so that it was been withdrawn"The group said in its statement. These offers must be examined Tuesday by the Commercial Court of Nanterre.

Among the initial offers of recovery, five came from companies grouped to weigh heavier, Marietton (Havas Travel), Salaun Holidays, Karavel (Promovacances), Vacon and St. Clair. Together, they proposed to take over a hundred agencies.

Thomas Cook France, which employs 777 employees in France and owns 174 travel agencies in its own right, was placed in receivership on 1 October, in the wake of the resounding bankruptcy of its British parent company. Between the repatriations and the assumption of departures planned until 2022, the incident of Thomas Cook France was quantified to 45 million euros.

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