Holiday provider On The Beach flags costs from Thomas Cook collapse
Sept 23 (Reuters) - Package holiday provider On The Beach
said on Monday it would book a one-time charge for the
year as it makes alternate arrangements for passengers affected
by the collapse of travel firm Thomas Cook.
On The Beach, which did not specify the amount of the
charge, had already warned on profit in August as it was hit by
a sharp fall in the pound.
Thomas Cook, the world's oldest travel firm, collapsed on
Monday, stranding hundreds of thousands of holidaymakers around
the globe and sparking the largest peacetime repatriation effort
in British history.
(Reporting by Pushkala Aripaka in Bengaluru
Editing by Saumyadeb Chakrabarty)
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