Thomas Cook News Page 18
Thomas Cook mulls job cuts in UK
Tour operator Thomas Cook has mooted the possibility of “substantial” job cuts in the United Kingdom as it seeks to reduce costs. Thomas Cook presently maintains a UK workforce of between 13,000 and 15,000 staff, with the results of the review due to be announced in December.
EU approves Thomas Cook acquisition
British tour operator Thomas Cook has gained European Union approval to acquire smaller rival Öger Tours. Thomas Cook unveiled the €30 million deal in July, forecasting annual synergies of more than €8 million on completion.
Thomas Cook issues profit warning
Thomas Cook slipped into the red during the third quarter of the financial year, prompting the travel agent to issue a profit warning ahead of its full year results. The operator lost £116 million over the period, as the ash cloud and FIFA World Cup hit bookings.
Thomas Cook acquires Oeger Tours for €30m
Thomas Cook has acquired Hamburg-based tour operator Öger Tours for approximately €30m in a bid to further the potential of Turkey - Öger ‘s specialty - as a tourist destination.
Thomas Cook and Amadeus strike a 5 year global distribution deal
Amadeus, a leading travel technology partner and transaction processor for the global travel and tourism industry, and Thomas Cook Group plc, one of the world’s leading travel groups, today announced a global distribution agreement extension for another five years.
Thomas Cook wins Manchester United contract
Thomas Cook has become the official travel partner of Manchester United Football Club, replacing Co-operative Travel. The four-year deal will see Thomas Cook Sport provide worldwide travel for the first team and officials, while fans will be able to access cheap holiday ideas through the supporters club.
Thomas Cook to rent inflight PSPs
Thomas Cook Airlines is to replace its free inflight entertainment systems with hand-held Playstation PSPs. The device will be rented for £7.50 per flight, in a move that echoes an industry-wide shift to generating ancillary revenue rather than raising headline fares.
Thomas Cook Sport sells out of England World Cup packages
Thomas Cook Sport has sold out of all its World Cup packages for England group stage matches, and is now only offering tickets and packages for the knock-out stages.
Thomas Cook losses £70m due to ash crisis
Thomas Cook has issued an upbeat trading statement despite losing £70m to cover expenses and repatriation fees of passengers stranded by the ash cloud. Pretax losses in the six months to the end of March narrowed to £252m compared with £309m the year before.
Thomas Cook North America and Jazz Air LP agree to flight partnership
Thomas Cook Canada Inc. and Jazz Air LP (Jazz), have signed a flight services agreement for Jazz to operate flights to the Caribbean, Mexico and Central America on behalf of Thomas Cook’s tour operator Sunquest Vacations.
Greenlight appointed to manage Search Marketing for Thomas Cook UK & Ireland travel
Leading travel company Thomas Cook UK & Ireland, has appointed award-winning independent specialist SEO and PPC consulting and technology firm Greenlight, to handle its SEO strategy.
Thomas Cook reports increase in summer 2010 bookings
Tour operator Thomas Cook has reported a surge of interest in its summer 2010 offering, with progress in all major markets. A key bellwether in the UK tourism sector, the group has seen bookings from within the UK increase by 30 per cent over the last four weeks.