Sunday May 31, 2020

Thomas Cook share price hit by dip in bookings

22nd May, 2016
4
Summer bookings are down by 5 per cent for Thomas Cook

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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