Business "Thomas Cook"

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Further East Kilbride jobs at risk after Hays Travel announces hundreds of cuts

further east kilbride jobs at risk after hays travel announces hundreds of cuts
Owners John and Irene Hays - who bought over the former Thomas Cook stores - said they were “devastated” staff would lose their jobs but Spanish travel restrictions have hit the business hard.
Daily Record - Published

What COVID-19 Can Teach Tourism About The Climate Crisis

what covid-19 can teach tourism about the climate crisis
The global coronavirus pandemic has hit the tourism industry hard worldwide. Not only that, but it has exposed a lack of resilience to any type of downturn, according to new research from Lund..
Eurasia Review - Published

Citizens Come Together to Support Battle Against COVID-19, Online Donations Increase by 180%, says Razorpay

citizens come together to support battle against covid-19, online donations increase by 180%, says razorpay
· Utilities (Bill Payments), IT & Software and Media & Entertainment grew by 73%, 32% and 25% respectively, due to social distancing · Tier-2 and 3 cities have started adopting digital payments,..
NewsVoir - Published

LOT owner drops takeover of German carrier Condor

FRANKFURT, Germany (AP) — The parent company of Polish airline LOT is pulling out of its takeover bid of for German vacation carrier Condor, a subsidiary of collapsed tour operator Thomas Cook,.. - Published

Fosun Tourism Group Announces 2019 Annual Results

*Net profit attributable to shareholders doubled to RMB609 million* *Smooth progress of FOLIDAY Town and continued perfection of FOLIDAY ecosystem* *Results **highlights:* · Tourism operation..
PR Newswire Asia - Published

26 famous airlines that have gone out of business

26 famous airlines that have gone out of business
· British airline Flybe went out of business in March 2020 thanks to coronavirus-related drop in travel demand — Air Italy fell just one month earlier · Thomas Cook is just the latest airline to..
Business Insider - Published

Hannover Re delivers double-digit earnings and premium growth and increases dividend

DGAP-News: Hannover Rück SE / Key word(s): Annual Results 11.03.2020 / 07:30 The issuer is solely responsible for the content of this announcement.*Corporate news* *Hannover Re delivers..
EQS Group - Published

Thomas Cook collapse, coronavirus weighs on Webjet

The online booking business saw a jump in revenue but drop in statutory profit.
Sydney Morning Herald - Published Also reported by •The Age

Findit, Inc. Reports Year End 2019 Revenue Up 91.8% and Earnings Up 175% of 2018

findit, inc. reports year end 2019 revenue up 91.8% and earnings up 175% of 2018
*ATLANTA, GA / ACCESSWIRE / February 4, 2020 / *Findit, Inc. (OTC PINK:FDIT) reported a revenue increase for the year 2019 over the same period one year ago 2018 of 91.8 %. With revenues of $478,060.00..
Accesswire - Published

No More 5-7 Business Days for Refunds Razorpay Launches Instant Refunds

no more 5-7 business days for refunds razorpay launches instant refunds
Amping up the online payment experience for consumersRazorpay the leading full-stack financial services company today launched a new product *Instant Refunds *for businesses. This new feature activates..
NewsVoir - Published

Razorpay Onboards American Express Executive, Arpit Chug as its CFO

razorpay onboards american express executive, arpit chug as its cfo
Razorpay, the leading full-stack financial services company, today announced the appointment of its Chief Financial Officer (CFO), Arpit Chug. The former American Express India CFO, Arpit Chug..
NewsVoir - Published

FTSE 100 looks makes muted start to proceedings

If you were betting on the FTSE 100, you wouldn’t be winning big today given the muted open. Forgetting the impeachment farce being played out 200 miles away on Capitol Hill, Wall Street ended a busy..
Proactive Investors - Published

FTSE 100 looks set for a "duvet day"

It’s beginning to look a lot like Christmas, in as much as the Footsie looks about ready to start taking days off. Spread betting quotes suggest that the FTSE 100 will open little changed after the..
Proactive Investors - Published

Travel firm boss aims to keep it in the family

The owner of Hays Travel, which bought Thomas Cook's stores, says he will not sell the enlarged business.
BBC News - Published Also reported by •BBC Local News

EasyJet relaunches package holiday business

The airline is seeking to move into the gap in the industry left by the demise of Thomas Cook.
BBC News - Published Also reported by •BBC Local News

HolidayCheck Group AG publishes nine-month results for 2019

DGAP-News: HolidayCheck Group AG / Key word(s): Quarterly / Interim Statement 08.11.2019 / 07:26 The issuer is solely responsible for the content of this announcement. ..
EQS Group - Published

Hannover Re generates strong nine-month result and raises profit guidance for the full year

DGAP-News: Hannover Rück SE / Key word(s): 9 Month figures 06.11.2019 / 07:30 The issuer is solely responsible for the content of this announcement. -------------------- *Corporate..
EQS Group - Published

Fosun Tourism to buy Thomas Cook, related hotel brands for $14.3 million

China's Fosun Tourism Group said on Friday it would acquire the Thomas Cook and related hotel brands for 11 million pounds ($14.25 million), in a bid to expand its presence in the tourism business.
Reuters - Published

Familiar faces are back as Lincoln's former Thomas Cook reopens

familiar faces are back as lincoln's former thomas cook reopens
Back in business
Boston Target - Published Also reported by •Lincolnshire EchoSleaford TargetEast Lindsey TargetRetford Times

Trio of buyers rescues Thomas Cook's Nordic business

Norwegian investor Petter Stordalen and private equity firms Altor and TDR Capital have agreed to buy the Nordic business of collapsed travel company Thomas Cook.
Reuters India - Published

SpendEdge’s Latest Blog Discusses the Challenges Facing the UK Travel Industry Following the Thomas Cook Bankruptcy and Strategies to Secure Stability in the Current UK Travel Market

spendedge’s latest blog discusses the challenges facing the uk travel industry following the thomas cook bankruptcy and strategies to secure stability in the current uk travel market
LONDON--(BUSINESS WIRE)-- #MarketIntelligence--SpendEdge has announced the completion of its article on the challenges of the UK travel industry against the backdrop of Thomas Cook bankruptcy
Business Wire - Published

Travel agent back in business

Hays Travel staff celebrated as they opened the doors to the former Thomas Cook store.
Express and Star - Published

Thomas Cook: Former boss denies responsibility for collapse

thomas cook: former boss denies responsibility for collapse
Mr Fontenla-Novoa said that from about 2011, after he had left the business, Thomas Cook "shrank capacity" in real terms by reducing the number of available seats on aircraft or hotel rooms. "You look..
WorldNews - Published

Findit, Inc. Reports Record 3rd Quarter in Revenue and Earnings

findit, inc. reports record 3rd quarter in revenue and earnings
*ATLANTA, GA / ACCESSWIRE / October 22, 2019 /* Findit, Inc. (OTC PINK:FDIT) reported a revenue increase in the third quarter over the same period one year ago of 178 %. With revenues of $162,591.00..
Accesswire - Published

Thomas Cook airport slots draw bids from rivals

Collapsed travel group’s Nordic business also attracts interest as asset sales increase - Published

Findit, Inc. Retains The Law Offices of Thomas C. Cook to File Form S-1 Registration Statement to Become a Fully Reporting Company

findit, inc. retains the law offices of thomas c. cook to file form s-1 registration statement to become a fully reporting company
*ATLANTA, GA / ACCESSWIRE / October 16, 2019 /* Findit, Inc. (OTC PINK:FDIT) a Nevada Corporation which owns and operates the full service social networking content management platform along..
Accesswire - Published

Rutherglen travel consultants are back in business despite Thomas Cook collapse

rutherglen travel consultants are back in business despite thomas cook collapse
Manager Debbie Mitchell and colleagues Gaby Wilson and Ronnie Taylor were among the 22,000 Thomas Cook employees left jobless after the 178-year-old firm went to the wall last month.
Daily Record - Published

Thomas Cook chief 'sorry' but not sure about returning bonus

LONDON (AP) — The former chief executive of the failed Thomas Cook travel agency has told a British parliamentary committee he has not decided whether to return his substantial cash bonus. Peter.. - Published

Tory former Minister Andrew Mitchell condemns Thomas Cook executives over massive pay and bonuses

tory former minister andrew mitchell condemns thomas cook executives over massive pay and bonuses
'They appear to have presided over the destruction of the business while awarding themselves collectively £47 million in pay and bonuses'
Sutton Coldfield Observer - Published Also reported by •Tamworth Herald

Thomas Cook boss Peter Fankhauser's two-word statement to MPs over collapse

thomas cook boss peter fankhauser's two-word statement to mps over collapse
Mr Fankhauser is one of five senior Thomas Cook figures giving evidence to the Commons' Business, Energy and Industrial Strategy Committee
Tamworth Herald - Published

Thomas Cook collapse: chief executive blames hot weather and Brexit for firm's failure

Peter Fankhauser tells Business Select Committee 'I'm not going to decide today' whether to hand back some of his bonus
Independent - Published

Razorpay Strengthens its Leadership Ranks, Hires New CIO and CBO

razorpay strengthens its leadership ranks, hires new cio and cbo
India’s first converged payments solution company, Razorpay, today welcomed *Amitabh Tewary* and *Rahul Kothari *to its team, as their *Chief Innovation Officer (CIO) *and *Chief Business Officer..
NewsVoir - Published

Thomas Cook collapse: Rival Tui adds extra flights and holidays as it expands business

Biggest travel firm in Europe will also recruit staff who lost their jobs in collapse
Independent - Published

Rescue talks for Thomas Cook Germany are going well: liquidator

Talks with potential strategic and private equity investors to rescue Thomas Cook's German tour business going well and many investors have expressed interest in the company as a whole or in its..
Reuters - Published

Boeing shares wobble as WSJ reports potential delays in European regulatory approval for its 737 MAX planes

The Boeing Company (NYSE:BA) saw its shares flew lower Tuesday after the company’s ongoing process to get its beleaguered 737 MAX jets back in the air reportedly hit another snag. The Wall Street..
Proactive Investors - Published

Thomas Cook collapse will 'cost taxpayers £60m' to fund unpaid wages and staff costs

thomas cook collapse will 'cost taxpayers £60m' to fund unpaid wages and staff costs
Sum is in addition to the Government's own £100 million estimates for repatriation of 150,000 holidaymakers when the business went bust
Tamworth Herald - Published

Thomas Cook bosses to face British MPs

The British parliament's business committee has launched an inquiry into the collapse of travel group Thomas Cook, with former executives expected to face MPs.
SBS - Published

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