Thomas Cook North America first to go following review
Thomas Cook has confirmed it will sell its North American travel business to Red Label Vacations in a deal worth £3.4 million. The business includes the tour operator Sunquest and the 60-branch My Travel retail chain in Canada. → Read More
Thomas Cook to cut costs by focusing efforts online
Thomas Cook has confirmed it will cut further costs of £50 million and raise up to £150 million through the disposal of non core businesses as part of a wide-ranging strategy to return the tour operator to health. It comes as the tour operator outlines plans to focus its resources on online sales as it seeks to return to profitability. → Read More
Thomas Cook to slash thousands of jobs
U.K. travel company Thomas Cook plans to cut approximately 2,500 jobs and close down 195 retail travel agencies. → Read More
Thomas Cook’s 2013 travel trends
With the UK suffering an even worse winter than usual, plagued by record levels of snow, ice and rain, it’s not difficult to see why most of us are turning our thoughts to holidays in the sun - with 4.5 million searches on http://www.thomascook.com between Christmas and New Year alone. → Read More
Thomas Cook CFO steps down
Thomas Cook’s chief finance officer David Taylor has stepped down from his role as the company looks to turn around its business. → Read More
Thomas Cook overhauls airline structure
As part of its on-going transformation, Thomas Cook Group has announced an important step in the development of its strategy for the group’s airlines – the proposal of a new structure for its airlines in the UK, Germany and Belgium. From March 1st 2013, Condor – the Thomas Cook airline brand in Germany, Thomas Cook Airlines UK and Thomas Cook Airlines Belgium will come together as one airline segment within the Group, sharing knowledge and skills to meet the ever-changing needs of customers as well as improved efficiencies. → Read More
Thomas Cook launches new advertising campaign
Struggling tour operator Thomas Cook has launched a new TV advertising campaign as it seeks to revive its fortunes. Featuring a tongue-in-cheek journey home from holiday, the brand will reemploy its famous tag line, ‘Don’t just book it, Thomas Cook it’. → Read More
Tickle your taste buds with a Thomas Cook holiday
Whether you’ve enjoyed some fantastic sun dried tomatoes on holiday in Greece or tried tagines in Morocco, food is often one of the most memorable experiences of a trip overseas. → Read More
Thomas Cook sees pre-tax losses widen on fuel costs
Thomas Cook has reported pre-tax losses of £485.3 million for the year to September 30th, up from £398.2 million the previous year. The widening annual losses are partially due to reduced capacity and higher fuel costs. → Read More
Two senior executives quit Thomas Cook
Neil Morris, chief commercial officer, and Michelle MacMahon, chief financial officer, have stepped down from their roles at Thomas Cook. Morris and MacMahon will leave the company by the end of the year, according to reports. → Read More
Fankhauser to head up Thomas Cook operations in the UK
Thomas Cook has expanded the role of Peter Fankhauser to include control of its UK operations as part of a major management reshuffle. Fankhauser is presently responsible for the German-speaking continental divisions of the company and will now take responsibility for the UK & Ireland business. → Read More
Thomas Cook battling back toward black
Thomas Cook turnaround plans are “delivering against expectations” according to a trading update from the British tour operator. Late bookings on holidays to Turkey, Spain and Greece have been strong, with the brand expecting full year results will be in line with market expectations and the guidance given at the August. → Read More
