Thomas Cook
Sawiris to acquire FTI Group, Europe’s third largest tour operator
Travel
April 7, 2020
Sawiris to acquire FTI Group, Europe’s third largest tour operator
Egyptian billionaire Samih Sawiris is set to acquire Austrian businessman Dietmar Gunz’s shares in the German FTI Group, the third largest tour operator…
UK airline Flybe dealt final blow by coronavirus
World
March 5, 2020
UK airline Flybe dealt final blow by coronavirus
British regional airline Flybe crashed into bankruptcy Thursday after the deadly coronavirus proved to be the final nail in its…
Egyptian billionaire Samih Sawiris acquires Thomas Cook Germany
Egypt
December 6, 2019
Egyptian billionaire Samih Sawiris acquires Thomas Cook Germany
Egyptian billionaire Samih Sawiris has acquired the German subsidiary of the global tour operator and travel company Thomas Cook through…
Fosun buys Thomas Cook brand for £11 million
World
November 2, 2019
Fosun buys Thomas Cook brand for £11 million
Chinese conglomerate Fosun has snapped up the Thomas Cook brand for £11 million ($14.2 million), weeks after the renowned British…
TUI Group CEO meets with tourism minister, says TUI wants Thomas Cook’s former share in Egypt
Business
October 3, 2019
TUI Group CEO meets with tourism minister, says TUI wants Thomas Cook’s former share in Egypt
Tourism Minister Rania al-Mashat met on Wednesday with Sebastian Ebel, CEO of the travel agency TUI Group in the MENA…
Egypt operator owed $7.7 million by Thomas Cook: chairman
Egypt
October 1, 2019
Egypt operator owed $7.7 million by Thomas Cook: chairman
CAIRO (Reuters) – Thomas Cook has dues of 125 million Egyptian pounds ($7.7 million) to local operator Blue Sky Group,…
Impact of Thomas Cook bankruptcy on Egypt ‘very limited’: tourism experts
Travel
September 26, 2019
Impact of Thomas Cook bankruptcy on Egypt ‘very limited’: tourism experts
Experts in the tourism and hotel industry sector said that the collapse of the British branch of the Thomas Cook…
Eight hundred stranded British tourists leave Hurghada Airport following Thomas Cook bankruptcy
Travel
September 25, 2019
Eight hundred stranded British tourists leave Hurghada Airport following Thomas Cook bankruptcy
Eight hundred British tourists whose reservations were canceled due to the bankruptcy of the travel agency Thomas Cook left Hurghada…
Thomas Cook clients struggle with flight, hotel woes in Spain
World
September 24, 2019
Thomas Cook clients struggle with flight, hotel woes in Spain
Standing in a long line or sitting on their suitcases, anxious Thomas Cook passengers at Palma airport faced an uncertain…
Britain’s CAA to return Thomas Cook’s British tourists from Egypt
Egypt
September 23, 2019
Britain’s CAA to return Thomas Cook’s British tourists from Egypt
The British Civil Aviation Authority, an English government body, will regulate the departure of tourists from Egypt, according to the…