Business "Thomas Cook"
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Further East Kilbride jobs at risk after Hays Travel announces hundreds of cutsOwners 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.
What COVID-19 Can Teach Tourism About The Climate CrisisThe 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..
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,..
LOT owner drops takeover of German carrier CondorFRANKFURT, 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,..
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..
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..
Hannover Re delivers double-digit earnings and premium growth and increases dividendDGAP-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..
Thomas Cook collapse, coronavirus weighs on WebjetThe online booking business saw a jump in revenue but drop in statutory profit.
Also reported by •The Age
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..
No More 5-7 Business Days for Refunds Razorpay Launches Instant RefundsAmping 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..
Razorpay Onboards American Express Executive, Arpit Chug as its CFORazorpay, 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..
FTSE 100 looks makes muted start to proceedingsIf 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..
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..
Travel firm boss aims to keep it in the familyThe owner of Hays Travel, which bought Thomas Cook's stores, says he will not sell the enlarged business.
Also reported by •BBC Local News
EasyJet relaunches package holiday businessThe airline is seeking to move into the gap in the industry left by the demise of Thomas Cook.
Also reported by •BBC Local News
HolidayCheck Group AG publishes nine-month results for 2019DGAP-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. ..
Hannover Re generates strong nine-month result and raises profit guidance for the full yearDGAP-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..
Fosun Tourism to buy Thomas Cook, related hotel brands for $14.3 millionChina'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.
Familiar faces are back as Lincoln's former Thomas Cook reopensBack in business
Also reported by •Lincolnshire Echo •Sleaford Target •East Lindsey Target •Retford Times
Trio of buyers rescues Thomas Cook's Nordic businessNorwegian investor Petter Stordalen and private equity firms Altor and TDR Capital have agreed to buy the Nordic business of collapsed travel company Thomas Cook.
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 MarketLONDON--(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
Travel agent back in businessHays Travel staff celebrated as they opened the doors to the former Thomas Cook store.
Thomas Cook: Former boss denies responsibility for collapseMr 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..
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..
Thomas Cook airport slots draw bids from rivalsCollapsed travel group’s Nordic business also attracts interest as asset sales increase
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 Findit.com along..
Rutherglen travel consultants are back in business despite Thomas Cook collapseManager 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.
Thomas Cook chief 'sorry' but not sure about returning bonusLONDON (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..
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'
Also reported by •Tamworth Herald
Thomas Cook boss Peter Fankhauser's two-word statement to MPs over collapseMr Fankhauser is one of five senior Thomas Cook figures giving evidence to the Commons' Business, Energy and Industrial Strategy Committee
Thomas Cook collapse: chief executive blames hot weather and Brexit for firm's failurePeter Fankhauser tells Business Select Committee 'I'm not going to decide today' whether to hand back some of his bonus
Razorpay Strengthens its Leadership Ranks, Hires New CIO and CBOIndia’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..
Thomas Cook collapse: Rival Tui adds extra flights and holidays as it expands businessBiggest travel firm in Europe will also recruit staff who lost their jobs in collapse
Rescue talks for Thomas Cook Germany are going well: liquidatorTalks 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..
Boeing shares wobble as WSJ reports potential delays in European regulatory approval for its 737 MAX planesThe 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..
Thomas Cook collapse will 'cost taxpayers £60m' to fund unpaid wages and staff costsSum is in addition to the Government's own £100 million estimates for repatriation of 150,000 holidaymakers when the business went bust
Thomas Cook bosses to face British MPsThe British parliament's business committee has launched an inquiry into the collapse of travel group Thomas Cook, with former executives expected to face MPs.