Tag Archives: Thomas Cook

Thomas Cook fights to regain the confidence of UK passengers

Thomas Cook Airlines (Thomas Cook.com) (UK) Airbus A330-243 G-TCXA (msn 795) YYZ (TMK Photography), originally uploaded by Airliners Gallery.

Thomas Cook Airlines (UK) (Manchester) is fighting to regain its package tour and charter market share after experiencing a 30 percent drop in bookings during the recent headlines concerning its financial problems and subsequent refinancing. Now that the carrier has lined up new financing it will have to win back the confidence of the UK market according to this report by Reuters.

Meanwhile rival TUI Travel in taking out advertisements in the UK pointing out the financial problems at Thomas Cook are not the same at its Thomson Airways subsidiary.

Read the full report: CLICK HERE

Thomas Cook Airlines (UK) Slide Show: CLICK HERE

Thomas Cook Group secures $154 million in new financing

Thomas Cook Group (London) has secured another $154 million in financing from a group of European banks, allaying fears of a collapse of the travel group.

Read the full report from Reuters: CLICK HERE

Thomas Cook’s stock tumbles as it goes to the banks for financial help

Thomas Cook Airlines (UK)-Thomas Cook.com Boeing 757-236 G-TCBB (msn 29945) (Egypt-where it all begins) LGW (Antony J. Best), originally uploaded by Airliners Gallery.

Thomas Cook Group (London) has lost nearly three-quarters of its market value on the London Stock Exchange after the ailing firm admitted it had gone back to the banks for more financial help according to this report by the Press Association.

Thomas Cook Group plc is a travel company created on June 19, 2007 by the merger of Thomas Cook AG and MyTravel Group plc. At flotation on the London Stock Exchange 52% of the shares in the new company were held by the German mail order and department store corporation Arcandor (former owners of Thomas Cook AG) and 48% owned by the shareholders of MyTravel. On June 9, 2009 Arcandor filed for bankruptcy. The merger, which was backed by 99.9% of shareholders, took place through the formation of “NewCo” which effectively purchased MyTravel and Thomas Cook and was then listed on the London Stock Exchange under the name of Thomas Cook Group plc.

The Thomas Cook Group plc is the parent organization of Condor Flugdienst, Thomas Cook Airlines Scandinavia, Thomas Cook Airlines (Belgium), Thomas Cook Airlines (Canada) and Thomas Cook Airlines (UK).

Read the full story: CLICK HERE

Thomas Cook (UK) Slide Show: CLICK HERE

Thomas Cook Group signs contract for 12 A321s with Sharklets

Thomas Cook Group has signed a firm order for 12 Airbus A321s, as a first step of its single aisle fleet harmonization and renewal plan which is based on the A320 Family. The aircraft will be fitted with the latest fuel saving wing-tip devices, known as Sharklets.

The new aircraft are scheduled to be delivered from 2014, together with options to purchase further A320 family aircraft from 2015.

In addition to the firm order, Thomas Cook Group plans to lease A320 Family aircraft from operating lessors.

Image: Airbus.

Thomas Cook to order 30 Airbus A320 Family aircraft

Thomas Cook Group (Peterborough, UK) is planning to order 30 Airbus A320 Family aircraft according to a report by the DPA News Agency..

TUI Airlines Belgium goes to a generic brand

Copyright Photo: Bjorn van der Velpen. OO-TUC taxies at Maastricht after repainting.

Jetairfly (TUI Airlines Belgium) (Brussels) has dropped its all-blue with smiling TUI brand on its Boeing 767-341 ER OO-TUC (msn 24844) and the other 767-300 for a more subdued generic brand with very small titles by the nose. Competitor Thomas Cook Belgium bought a lot of seats on TUI’s charter flights for the winter season and probably did not want their booked passengers getting on a competitor’s emblazoned aircraft.