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Tag: Thomas Cook

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 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 […]