Thomas Cook backs off merger deal

11th Jul 2008

Thomas Cook Group and Air Berlin have informed the German Bundeskartellamt (Federal Cartel Office) that they are
withdrawing their current application for approval of the proposed merger of
Flugdienst GmbH and Air Berlin.The parties have also agreed that the existing
agreement be terminated.

Thomas Cook continues to view Condor as a strong business with significant
potential. Whilst discussions continue with Air Berlin about the feasibility of
an alternative transaction, Thomas Cook is also pursuing a range of other
available options for

In light of the potential materiality of the other options, Thomas Cook has
decided to suspend its share buy back programme until further notice.



Recommended for you

Follow Breaking Travel News

Travel Events Calendar

Media Partnerships

Global Restaurant Investment ForumThe Hospitality & Tourism SummitCATHIC
ITB AsiaChina Outbound Travel & Tourism MarketThe Travel Marketing Store
Serviced Apartment SummitWorld Travel MarketIMEX
AHICWTTCRoutes Online
UBM Aviation