Articles tagged “condor”

Imperiled Thomas Cook in Talks to Sell Nordics Division

Imperiled Thomas Cook in Talks to Sell Nordics Division

Patrick Whyte, Skift

Given that Thomas Cook released a statement about the potential sale, this looks pretty serious. But it begs the question: Just what will Thomas Cook have left if and when it sells its airlines and Nordics divisions?

3 months ago

Thomas Cook Shares Have Nearly No Value, Analysts Say

Thomas Cook Shares Have Nearly No Value, Analysts Say

Sam Unsted, Bloomberg

At Skift Forum Europe in April, Thomas Cook CEO Peter Fankhauser said the company should bounce back as long as it de-leverages its balance sheet and pays back it debt. Will that be enough?

3 months ago

Lufthansa Confirms Bid for Thomas Cook’s Condor Airline

Lufthansa Confirms Bid for Thomas Cook’s Condor Airline

Richard Weiss, Bloomberg

The announcement comes as no surprise, given Lufthansa all but confirmed its interest in March. The cash would ease Thomas Cook's financial concerns and help it invest in its own brand hotels.

4 months ago

Lufthansa Looks at Taking Over Thomas Cook-Owned Airline Condor

Lufthansa Looks at Taking Over Thomas Cook-Owned Airline Condor

Patrick Whyte, Skift

Lufthansa sees Condor as a good fit for its existing business. The question is would Thomas Cook split up its airline, and would competition regulators allow it?

5 months ago

Lufthansa Looks at SAS in Move to Accelerate Airline Consolidation in Europe

Lufthansa Looks at SAS in Move to Accelerate Airline Consolidation in Europe

Richard Weiss, Bloomberg

Lufthansa's CEO on airline consolidation in Europe: “So we are speaking with everyone, and everyone is speaking to us.” Enough said.

3 years ago

Thomas Cook announces plans to merge British, German, and Belgian airline brands

Thomas Cook announces plans to merge British, German, and Belgian airline brands

Reuters

The airlines' integration comes at what is likely the end of a successful turnaround plan, which has significantly improved the brand’s business since its initiation last year.

7 years ago