Articles tagged “thomas cook group”

Thomas Cook CEO Pushes a Turnaround Plan, Dodges Takeover Chatter

Thomas Cook CEO Pushes a Turnaround Plan, Dodges Takeover Chatter

Sean O'Neill, Skift

Peter Fankhauser needs to act speedily to bolster Thomas Cook Group's resilience in the face of tumult in the packaged holiday segment. But the CEO is persuasive in arguing that he has a winning plan that's begun to show results.

2 months ago

Thomas Cook Sale of Its Airline Could Be a Brexit Victim

Thomas Cook Sale of Its Airline Could Be a Brexit Victim

Lisa Pham, Bloomberg

Investors in Thomas Cook cheered when executives said they might sell its airline to pay off debt. But the next day an analyst's report spotlighted concerns about how Brexit-related regulatory snafus might hamper a sale. The divorce has so many unintended consequences.

4 months ago

Thomas Cook China Launches New Strategy Amid Huge Chinese Tourist Declines in Thailand

Thomas Cook China Launches New Strategy Amid Huge Chinese Tourist Declines in Thailand

Raini Hamdi, Skift

Japan turned out to be the lifeboat for Thomas Cook China when Thailand turned disastrous, as the tour operator appears to be sailing away blithely with four new initiatives to scale up its China market.

7 months ago

Thomas Cook Shares Spike on Speculation It May Sell Its Airline

Thomas Cook Shares Spike on Speculation It May Sell Its Airline

Richard Weiss, Bloomberg

We've been here before with Thomas Cook and its airline. It could do with the money of course, but the needs of its tour operator businesses complicate matters.

11 months ago