Articles tagged “thomas cook”

Does a Tour Operator Really Need Its Own Airline?

Does a Tour Operator Really Need Its Own Airline?

Patrick Whyte, Skift

TUI clearly thinks having an airline is crucial, but what about its big rival Thomas Cook?

1 month 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?

1 month ago

TUI Group Turns Toward Online Bookings as It Revamps Its Business

TUI Group Turns Toward Online Bookings as It Revamps Its Business

Patrick Whyte, Skift

It turns out TUI isn't immune to the challenges the rest of the European travel market is facing.

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.

2 months ago

TUI and Thomas Cook Face Up to Bleak 2019

TUI and Thomas Cook Face Up to Bleak 2019

Patrick Whyte, Skift

Well, well, well, it's not just Thomas Cook that's struggling. TUI is feeling the pain as well, and given its size and power, it's fair to say the whole European tour operator market is now in a bad way.

2 months ago

Fosun Anchors New China Resorts With Club Med and Thomas Cook Brands

Fosun Anchors New China Resorts With Club Med and Thomas Cook Brands

Raini Hamdi, Skift

Fosun bets on integrated resorts to address the needs of Chinese travelers, who are showing interest in these types of experiences. Why not use what’s already in the family? Thomas Cook and Club Med should be ever so pleased.

3 months ago

What Went Wrong at Thomas Cook in 2018?

What Went Wrong at Thomas Cook in 2018?

Patrick Whyte, Skift

Thomas Cook might have been a victim of circumstance but it probably hasn't helped itself. It is caught between the asset-heavy approach of TUI and smaller, more nimble online rivals. It needs to get its house in order to ensure it doesn't keep repeating the same mistakes.

4 months ago

Truth, Fiction and the Pain Travel Companies Still Suffer From UK’s Brexit Chaos

Truth, Fiction and the Pain Travel Companies Still Suffer From UK’s Brexit Chaos

Patrick Whyte, Skift

Two and a half years after the Brexit vote, the UK is still sorting out its departure from the European Union. As the clock ticks down and the situation gets more serious, we should expect more horror stories in the coming months.

4 months ago

How TUI Weathered Europe’s Summer Heat Wave

How TUI Weathered Europe’s Summer Heat Wave

Patrick Whyte, Skift

TUI seems to have mitigated the potential damage from a challenging operating environment. It will be interesting to see how it sustains its growth over the coming years.

4 months ago

Club Med Owner Fosun Expects Tourism IPO to Hit Lower End of Pricing

Club Med Owner Fosun Expects Tourism IPO to Hit Lower End of Pricing

Crystal Tse, Bloomberg

With stocks falling across the world, it might not be the best time to launch an IPO.

4 months ago

Thomas Cook Looks to Reassure Investors

Thomas Cook Looks to Reassure Investors

Richard Weiss and David Hellier, Bloomberg

Thomas Cook seems to have stemmed the bleeding — now it just needs to come up with a convincing turnaround strategy.

5 months ago

Online Travel Newcomer On the Beach Is Now Worth More Than Thomas Cook

Online Travel Newcomer On the Beach Is Now Worth More Than Thomas Cook

Joe Easton , Bloomberg

The question is: What happens to Thomas Cook, and On the Beach, when Brexit officially begins?

5 months ago