Articles tagged “europe”

Expedia, Webjet, and On the Beach all had exposure to Thomas Cook, but given their size they can probably handle it. It's the smaller tour operators and travel agents that will be the hardest hit.

The bankruptcy and liquidation of Thomas Cook is a monumental blow to the travel industry. The collapse of the company will continue to have ripple effects across the industry for a long time to come.

Saga is making a big bet on cruising with its new ships and will be hoping that Brexit doesn't scupper its plans.

Slots are a valuable commodity, especially at busy airports like Orly. Aigle Azur's demise offers Air France an opportunity to increase its presence at Paris' second largest airport, but other airlines will likely be interested as well.

The European Union is the largest tourism destination in the world. Its accommodation sector is critical infrastructure supporting all of those travelers. Understand what shifts are taking place not just at the top level but also across subsectors, countries, and companies.

Given that Michael O'Leary is sticking around, you've got to wonder how much control the new Ryanair airline CEO will really have.

EDreams believes it has developed a long-term recipe for success but needs time to realize those gains. If it can convince enough people to sign up — and stay signed up — to its subscription service it might prove it is on to something.

Thomas Cook's chances of escaping its current financial mess still rest in the hands of Fosun and its creditors. While Wednesday's announcement is good news for travelers and the company's employees, there are still a number of hurdles to clear.

Businesses invariably hate regulation, but sometimes it takes threats and fines to help change things for the better. Would airlines really be pushing their green credentials if consumers, governments, and the media weren't asking difficult questions?

The Faroe Islands has managed to punch above its weight with its tourism campaigns in recent years. Smaller, more remote destinations often have to be pretty creative in order to get attention.