People who booked flights with the company, now looking for substitute offers, told the news channel that in some circumstances costs for the flights have tripled.
Holidaymaker Angela Mills mentioned a flight from Glasgow to Rhodes, Greece, was £280 on Sunday, however, was now £1,000.
Analysts stated the prices reflected high demand on routes with few spare seats.
“People aren’t sitting there rubbing their hands with glee. If sales are available in rapidly on popular routes then prices go up,” stated John Strickland, an airline analyst at JLS Consulting.
Mr. Strickland mentioned September was a preferred time for people to take holidays outside the peak school holiday period and many flights had been already very full.
He mentioned the airlines might determine to halt price increases; however, stated firms had to be commercially driven.
“Thomas Cook has failed as a result of it had huge debts, and it was making a loss. It is a fragile industry. Higher than a dozen airlines have gone bust.
However, Mrs. Mills stated the increases have been bad for travelers already in “a state of shock.”
She was because of the fly from Glasgow to Rhodes on Wednesday on Thomas Cook flights. When she looked for options after the travel firm’s collapse, the most cost-effective value she could find for alternative flights for her and her husband was more than £1,000.
The company she booked her accommodation through – Jetline Holidays – eventually found her an alternate deal costing £600 extra.
However, she will now have to fly from Edinburgh, and on her return spend a night in Prague earlier than flying back from there.
Mrs. Mills mentioned she hoped to claim the additional cost of the flights from her journey insurance on her return.
Anyone who has bought a future package holiday with Thomas Cook is covered by the Air Travel Organiser’s Licence scheme (ATOL). This means they won’t be going away; however, the price of the holiday can be refunded.
However, ATOL protection doesn’t cover flight-only deals. The primary alternative for travelers is to claim a refund from the provider of the credit or debit card they used or make a claim on their travel insurance.