Thomas Cook

Sawiris to acquire FTI Group, Europe’s third largest tour operator
Travel

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

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

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

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

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

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

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

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

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

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…
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