Payment intermediary to hold onto Thomas Cook’s cash in latest blow to airline May 18, 2019 A payment intermediary from the Nordic region is in talks to extend the time it holds on to consumers' money owed to the Thomas Cook Group. The firm is seeking to retain millions of pounds of holidaymakers’ money, which is usually kept for two days, for several weeks, according to Sky News. Read more: Thomas [...]
Ryanair admits interest in buying Thomas Cook’s airport slots February 14, 2019 Budget airline Ryanair is interested in buying up some airport slots belonging to embattled Thomas Cook's airline unit, it emerged today. Thomas Cook plunged from profit to loss in 2018, leading it to consider selling off its successful airline division. Read more: Thomas Cook considers airline sale as losses hit £60m Ryanair’s chief marketing officer, Kenny Jacobs, was quoted this [...]
Thomas Cook’s share price drops after confirming £25m earnings hit followingTunisia attacks and ongoing Grexit fears July 30, 2015 Thomas Cook's share price fell this morning after confirming the terror attack in Tunisia and ongoing concerns around a possible Grexit could lower full year earnings by £25m. The figures The holiday group has reported its 12th consecutive quarter of improved profitability for the three months to 30 June, with operating profit up £53m, while [...]
Tui share price and Thomas Cook share price tumble amid Greek debt crisis July 6, 2015 Shares in London-listed holiday firms Tui and Thomas Cook tumbled today amid concerns travel will suffer due to the Greek debt crisis which has intensified as a result of last night's "no" vote. Shares in Thomas Cook closed down 4.85 per cent to 125.5p per share this afternoon while TUI's share price was 2.55 per cent [...]
Harriet Green to donate third of £5.7m Thomas Cook shares following Corfu deaths tragedy June 30, 2015 Former Thomas Cook chief executive Harriet Green was yesterday awarded shares worth almost £5.7m, but will donate one third to charities chosen by the parents of two children who died in Corfu while on holiday with the tour company. Green, who stepped down from the role in November, was given 4.1m company shares, which had [...]
Tui and Thomas Cook share prices tumble after Tunisia beach attack June 29, 2015 Shares in London-listed holiday firms have taken a tumble after the terrorist attacks in Tunisia on Friday which left more than 30 dead, many of them British tourists. Shares in the package holiday company Thomas Cook fell as much as seven per cent to 133.026 pence per share in early trading, recovering slightly to 139.93 [...]
Thomas Cook targets China with Fosun joint venture June 15, 2015 Thomas Cook, one of the UK's largest holiday companies, today announced plans to take on the Chinese travel market with Fosun International, the Chinese group which took a five per cent stake in Thomas Cook in March. The pair said the venture, which will be launched under the Thomas Cook brand, will be 51 per [...]
Bobby and Christi Shepherd’s mother Sharon Wood blasts Harriet Green’s £3m donation as “abhorrent” May 29, 2015 The mother of the children who died at a Thomas Cook-approved hotel in Corfu has slammed Harriet Green's decision to donate £3m to charity as “abhorrent”. Sharon Wood, whose children Christi and Bobby Shepherd were killed by carbon monoxide poisoning in 2006, said she only learned about the donation shortly before the public announcement [...]
Former Thomas Cook boss Harriet Green gives up £3m following Corfu deaths scandal May 27, 2015 Former Thomas Cook boss Harriet Green has pledged to donate a third of her multi-million pound bonus to charity amid a growing backlash against the firm over the deaths of two British children in Corfu. Green, chief executive between 2012 and 2014, came under fire after it emerged she was in line for up [...]
Ex-Thomas Cook boss Harriet Green to donate £3m in shares to charity May 27, 2015 Former Thomas Cook boss Harriet Green has said she'll donate a third of her forthcoming share award to a charity chosen by the parents of two children who died in one of its hotels Corfu in 2006. "I have now reached out to the parents of Bobby and Christi Shepherd," she told Reuters. "On the basis that [...]