Thomas Cook Collapses
@ThomasCookUK @TCAirlinesUK @Condor @CondorAirline 112 aircraft make up the fleet of the Thomas Cook Group’s various brands.
Possible Rescue Deal for Thomas Cook
@ThomasCookUK @ThomasCookNews @Condor @Condor_America Thomas Cook might accept a takeover bid from Fosun Tourism, a Chinese company.
Hi Fly Places Bid for Thomas Cook
@hifly_airline @TCAirlinesUK @ThomasCookUK Hi Fly, the Portuguese wet lease and charter carrier, placed a bid for the Thomas Cook Group’s airline business.
Thomas Cook Plans Substantial Fleet Growth in 2019
Thomas Cook is Reviewing Potential Sale of Airline
Thomas Cook is in the middle of a general strategic review of the company and is mainly focusing on its airline business, which is in need of change. All alternatives are being considered, including the potential sale of the airline business of the company. The company has previously made similar sales by selling its Belgian […]
Thomas Cook Airlines Reports Profit Growth for Past Year
Thomas Cook Group, which operates two airline brands – Thomas Cook Airlines and Condor, has reported a significant profit growth for its aviation services for the past fiscal year September 2017 till September 2018. The travel operator has faced a tough year as a result of disruptions on the European Aviation market but managed to […]
Thomas Cook Group’s Performance for Financial Year Ending September 30, 2018
Thomas Cook Group has reported its financial performance for the financial year ending September 30, 2018. During the time period, the company successfully increased its profit by £35 million, although it was faced with higher expenses as a result of rising fuel costs. The carrier also gave a boost to capacity and saw a jump […]
Thomas Cook and Laudamotion Partnership Cancelled
Thomas Cook and Laudamotion had planned cooperation on flights and future mutual work, with the aim of mutually benefiting from company operations. However, recent news on Ryanair’s participation in Laudamotion’s shareholding has led to the decision of Thomas Cook to cancel such plans and remove Laudamotion’s flight numbers from schedule. The reason behind this decision […]
Thomas Cook Purchases Air Berlin’s Subsidiary Aviation GmbH
Air Berlin filed for bankruptcy in August and has already sold its major assets to Britain’s easyJet and German flagship carrier Lufthansa. On January 3, 2018, Air Berlin Aviation GmbH was sold to Thomas Cook. Thomas Cook said that this deal would give its airline Condor the opportunity to expand further. In recent months they […]
Thomas Cook Reports Full-Year Results
British tour operator Thomas Cook issued its full-year results today for the year ending September 30, 2017. Their customer-focused strategy delivered the desired growth, and group revenue reached £9,007 million, which is an increase by 9% from last year. The underlying profit from operations (EBIT) reached £330 million, while the profit after tax was £12 million. The Net debt […]