It is expected payments will be made by the end of September following a five-year investigation into the collapse of the travel giant.
Money was released after the Official Receiver realised assets including Thomas Cook Airlines’ flight slots, hotel investments and the 555 former shops, which were sold to Hays Travel for an undisclosed sum.
Money recovered includes £36 million from the sale of Gatwick and Bristol slots to easyJet. Slots at Stansted, Manchester and Birmingham were sold to Jet2 for an undisclosed sum.
David Chapman, who was appointed as Official Receiver and Liquidator of the Thomas Cook group, said:
