Travel company Thomas Cook saw its share price tumble last week after it announced a 5 per cent drop in summer bookings compared with last year.
“Despite disruption in some of our key markets, we’ve managed to slightly grow our revenues on a like-for-like basis, having anticipated the shift in demand away from Turkey, Tunisia and Egypt and into the western Mediterranean and long-haul destinations.”
Peter Fankhauser, chief executive, Thomas Cook...
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