All Thomas Cook Airlines articles – Page 2
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News
Condor shields itself from Thomas Cook as loan emerges
German leisure carrier Condor has been promised a six-month bridging loan, amounting to €380 million ($418 million), to support the company through the winter season following the collapse of parent Thomas Cook Group.
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News
Thomas Cook repatriation to involve over 1,000 flights
Over 1,000 flights are being planned for the two-week ‘Operation Matterhorn’ repatriation programme following leisure giant Thomas Cook Group’s collapse.
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AnalysisStrategic struggles preceded Thomas Cook failure
Thomas Cook Group can arguably trace its collapse back more than a decade, to a round of leisure industry consolidation which resulted in its creation through a 2007 merger between German-owned Thomas Cook and UK holiday carrier Airtours’ parent MyTravel Group.
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News
UK government seeks urgent probe into Thomas Cook failure
UK government investigators will be asked to prioritise a probe into the collapse of leisure firm Thomas Cook Group, following its failure to secure a rescue deal with Chinese firm Fosun Tourism Group.
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News
Thomas Cook's Condor still flying but seeks bridge loan
German carrier Condor is to seek a government-backed bridging loan to preserve liquidity after the collapse of associated tour operator Thomas Cook.
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News
Forty aircraft recruited to repatriate Thomas Cook customers
Leisure firm Thomas Cook’s collapse has triggered a huge repatriation effort to ensure that over 150,000 holidaymakers will be able to return.
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News
Thomas Cook files for liquidation
Leisure firm Thomas Cook Group and its associated UK companies have filed for compulsory liquidation after discussions on recapitalisation and restructuring fell through.
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News
Thomas Cook needs extra £200m to aid recapitalisation
Leisure firm Thomas Cook Group is continuing discussions on a recapitalisation and restructuring including a £200 million ($250 million) standby fund on top of its previous capital injection.
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NewsCoffee spill forced A330 diversion after radio failures
UK investigators have revealed that reluctance to use a cockpit cup-holder resulted in coffee being spilled over control panels on a Condor Airbus A330, causing substantial radio communications problems and forcing a diversion.
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News
Fosun takes 25% stake in Thomas Cook airlines in recapitalisation
Thomas Cook Group has agreed that China-based Fosun Tourism Group, already its largest shareholder, will acquire 75% of the tour-operator business and 25% of the airlines unit in return for a capital injection.
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News
Thomas Cook targets fresh capital injection to secure operations
Thomas Cook Group is in the process of arranging an additional £150 million ($181 million) capital injection – on top of a recently disclosed $750 million financing package – to ensure operations can continue until the summer 2020 season.
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NewsThomas Cook in talks with shareholder for £750m injection
Leisure firm Thomas Cook Group is holding discussions with its largest shareholder, as well as banks, over the terms of a recapitalisation amounting to £750 million ($926 million).
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News
Hi Fly outlines role as management platform for used A380s
Hi Fly chief executive Paulo Mirpuri sees the Portuguese ACMI operator playing an increasing role as a "platform" for management of Airbus A380s as they enter the secondary market over the coming decade.
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Airline BusinessANALYSIS: How tough conditions exposed Germania's flawed strategy
It is perhaps easy to lump the demise of Germania in with the list of recent European airline failures – assuming it to be yet another casualty of a harsh market environment, and proof of the need for consolidation.
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News
Thomas Cook ponders possible sale of airline unit
European tour operator Thomas Cook is considering the possible sale of its airline business, after announcing a review of the unit as part of efforts to increase funding to support a wider strategic overhaul.
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News
Primera to scrap short-haul flights from Birmingham
Primera Air will cancel all of its short-haul flights from the UK's Birmingham airport and one route from London Stansted later this year.
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Interview
INTERVIEW: Thomas Cook training captain has recipe for success
Thomas Cook Airlines line training captain and Masterchef finalist David Crichton has learned from experience on the flightdeck and in the kitchen that with the right ingredients, practice makes perfect
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News
UK airlines report big gender pay gaps
Airlines based in the UK have universally reported that men in their employ earn more than women, with male employees dominating the highest-paid roles at all operators.
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News
Ryanair to enter Tegel and Dusseldorf markets
Ryanair is set to compete directly with EasyJet, Germania and Eurowings on services from Tegel to Palma de Mallorca this summer, after disclosing its first-ever routes from the Berlin airport.
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AnalysisANALYSIS: How airlines alter tourist capacity after terror events
The terror incidents in and around Barcelona in mid-August left another of the region's destinations reeling from attacks targeted at locations popular with tourists.
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