|Bid||0.000 x 2225000|
|Ask||0.000 x 160000|
|Day's Range||1.373 - 1.404|
|52 Week Range||1.001 - 1.483|
|PE Ratio (TTM)||28.02|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
German airline Condor said it will end its sales partnership with Laudamotion this month, after the Austrian airline agreed to be bought by Ryanair (RYA.I). Condor, part of the Thomas Cook Group (TCG.L), signed a deal in February to help the new airline, which mostly comprises the former Niki operations of insolvent Air Berlin, get up and running plus offering its own customers greater choice.
Small and large cap stocks are widely popular for a variety of reasons, however, mid-cap companies such as Thomas Cook Group plc (LSE:TCG), with a market cap of UK£1.82B, oftenRead More...
Thomas Cook Airlines (TCG.L) believes a transition period following Britain's exit from the European Union is important to allow time to clarify new rules regarding flying rights, ownership and safety regulations, an executive said. "The clock is ticking," Christoph Debus, head of the travel group's airline business, told Reuters in an interview at the ITB travel trade fair. British airlines currently have unlimited flying rights to, from and within the European Union as part of an EU's single aviation market.
British travel company Thomas Cook has set up a 150 million pound ($208 million) hotel fund as part of a plan to raise margins through new own-branded hotels. Thomas Cook, the company that pioneered the package holiday concept when it was set up in 1841, makes better margins from hotels which it owns and which tend to be higher-end and generate better customer loyalty. While the company sends holidaymakers to about 3,000 hotels across in destinations from the Mediterranean to the Caribbean and elsewhere, only about 190 of the properties are own-brand hotels operating under the names Casa Cook, Sunprime, and Sentido amongst others.
Chicago-based Boeing Co. (BA) has operations around the country. Here are other recent stories reported by The Business Journals. Boeing expects to secure new orders for 777 Freighters later this year thanks to a surging air cargo market, a senior executive said Monday.
Thomas Cook Group plc (LSE:TCG) is trading with a trailing P/E of 141.9x, which is higher than the industry average of 20.2x. While TCG might seem like a stock toRead More...
Recovering demand for holidays to Turkey will help offset the impact of rising costs in Spain, British travel company Thomas Cook (TCG.L) said on Thursday, leaving it on course to meet annual profit forecasts. Turkey is the "standout" destination for this summer, Chief Executive Peter Fankhauser said on Thursday, as demand for holidays there returns after two years of tourists staying away over security concerns. A pick up in demand for trips to Turkey is good news for Thomas Cook as it makes a higher profit margin on holidays there than to Spain, its biggest destination, where a price war among tour operators has coincided with hotels raising prices.
British tourists perennially frustrated by forward-thinking Germans bagging prime locations by the pool will now be able to reserve their favored spot even before boarding the plane -- albeit at a price....
British travel company Thomas Cook (TCG.L) has partnered with fintech firm Revolut to launch a "pay-per-day" travel insurance service which automatically provides users with medical cover by tracking their location through their mobile phones. Revolut, the digital bank start-up, said it could pinpoint customers' location through its app technology and automatically turn on the coverage when required, starting at less than 1 pound ($1.38) a day. "We wanted to create a type of insurance that uses technology to help our customers and only cover you on the days you actually needed to be covered," Revolut CEO Nikolay Storonsky said in a statement.
BERLIN (Reuters) - Collapsed German airline Air Berlin said on Wednesday it had sold its subsidiary Air Berlin Aviation GmbH to Thomas Cook Group Airlines PLC, continuing the carve-up of its business. ...
Travel firm Thomas Cook said on Friday it would close 50 stores in Britain as part of an ongoing review into its shop network, as more and more sales move online. A spokesman for Thomas Cook said that 400 staff would be affected by the closures, although many employees were likely to be redeployed to other shops across its network. While Thomas Cook has been a staple of the UK high street, traditional package holidays sold in stores are now less vital to its strategy as online sales - which grew 27 percent in the UK in 2017 - take off.
Britain's top share index touched a session high as chancellor Philip Hammond delivered his budget statement on Wednesday, boosted by a dip in sterling as Brexit-bound Britain slashed economic growth forecasts. Housebuilding stocks swung sharply, losing ground after Hammond announced a review of unused planning permissions, though a stamp duty exemption to spur house buying offered some support to the sector. The FTSE 100 (.FTSE) ended the session just 0.1 percent higher at 7,419.02 points as sterling recovered and headed higher, though the blue chip index still outperformed a negative European market.
Travel group Thomas Cook (TCG.L) reported lower profit margins in its British business due to tough competition in Spain, sending its shares down more than 10 percent and leaving it reliant on a recovery in Egypt and Turkey to ease the pressure. Tour operators and airlines have expanded capacity in Spain and other western Mediterranean destinations in response to security concerns in markets such as Tunisia, Egypt and Turkey.
Thomas Cook (TCG.L) is setting up a new airline in Spain, a move it hopes will lower costs at a time of tough conditions in the European short-haul market. The new airline will be based in Palma de Majorca and plans to start its first flights in early 2018 with at least three Airbus A320 planes, which were previously flying for the group's Belgian airline. The Majorca aircraft, which fly under a Spanish operating licence, will also be used for Thomas Cook's other airlines, according to seasonal demand, while some staff will be on seasonal contracts.
Thomas Cook is setting up a new airline in Spain, a move it hopes will lower costs at a time of tough conditions in the European short-haul market. The new airline will be based in Palma de Majorca and plans to start its first flights in early 2018 with at least three Airbus A320 planes, which were previously flying for the group's Belgian airline. The Majorca aircraft, which fly under a Spanish operating licence, will also be used for Thomas Cook's other airlines, according to seasonal demand, while some staff will be on seasonal contracts.
Pilots at British tour operator Thomas Cook (TCG.L) have called off eight days of planned strike action, the pilots' union said on Thursday, after entering into a binding arbitration to end a dispute over pay. Thomas Cook said that all passengers were able to fly during the industrial action. "Our members voted to end this dispute by binding arbitration, which Thomas Cook has now agreed to," BALPA General Secretary Brian Strutton said.
British tour operator Thomas Cook (TCG.L) said on Thursday it had entered into a strategic alliance with Expedia (EXPE.O) to make the online travel company its preferred provider of hotels for certain holiday sales. Thomas Cook said that while it remained focused on its own-brand hotels, Expedia would be the preferred partner for its "complementary city and domestic holiday business", a wider range of hotels to give customers more choice.
Pilots working for British tour operator Thomas Cook (TCG.L) will strike on three more days during September and October if talks starting next week fail to resolve a dispute over pay, the pilots' union said on Friday. Thomas Cook pilots went on strike on Friday for 12 hours in what the British Airline Pilots' Association (BALPA) said was the first walkout by British pilots in more than 40 years. Talks, due to start on Sept. 12, have been facilitated by the Advisory, Conciliation and Arbitration Service (ACAS).
Tour operator Thomas Cook (TCG.L) and its German airline Condor are prepared to play an active role in a restructuring of insolvent carrier Air Berlin (AB1.DE), Thomas Cook said on Wednesday. "Thomas Cook and its subsidiary, the strengthened German holiday airline Condor, are standing ready to play an active role in the future of Air Berlin," a spokesman for Thomas Cook said in an e-mailed statement. Air Berlin, Germany's second-largest airline, filed for bankruptcy protection on Tuesday after key shareholder Etihad Airways withdrew funding following years of losses.