Radarspotting

Miscellaneous => Aviation News => Topic started by: Anmer on February 07, 2019, 10:31:46 AM

Title: Thomas Cook to sell its Airline?
Post by: Anmer on February 07, 2019, 10:31:46 AM
The changing face of Thomas Cook.

First, rail excursions, then travellers cheques where it made it's profits.  Mainly a retail travel agent then a small tour operator.

Next an airline.  Travellers cheques gone and possibly the airline next.  Looks like it's going to become an accommodation centred business?

Thomas Cook has said it is conducting a "strategic review" of its airline as it seeks to find funds to invest more in its hotels business.

The travel firm stressed the review was at an early stage, but would consider "all options" including a sale.

The company's fleet of 103 jets is a mix of planes it owns and leases.

https://www.bbc.co.uk/news/business-47155137