Rival airlines are hiking prices by as much as 400% after Thomas Cook collapsed

Passengers say they saw flight price increases from airlines like Jet2, British Airways, TUI, and Ryanair. Operators say it is just economics.

Airfare prices for routes previously served by travel company Thomas Cook are surging in the wake of its collapse. Travellers found tickets with rival airlines like Jet2, British Airways, Ryanair, and TUI to have gone up as much as 400% since Thomas Cook abruptly stopped operations on Monday. The collapse left 600,000 people stranded around the world, and many with now-worthless bookings for future flights. Airlines responded by saying that their prices are determined by market forces.

Airfare prices for routes previously served by travel company Thomas Cook are surging in the wake of its collapse. Travellers found tickets with rival airlines like Jet2, British Airways, Ryanair, and TUI to have gone up as much as 400% since Thomas Cook abruptly stopped operations on Monday. The collapse left 600,000 people stranded around the world, and many with now-worthless bookings for future flights. Airlines responded by saying that their prices are determined by market forces.

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