Thomas Cook sees pick-up in summer bookings

Thursday 27 March 2014 07.31
Thomas Cook is half-way through a three-year plan to cut jobs and close branches
Thomas Cook is half-way through a three-year plan to cut jobs and close branches

Holiday operator Thomas Cook said today it had seen an improving trend for summer holidays since it reported first quarter results, with overall bookings up 2%.
              
Thomas Cook said its winter trading had also remained satisfactory, despite the disruption to the market caused by political unrest in Egypt.

Overall it said its margins should improve more than the average selling prices.
              
Thomas Cook is half-way through a three-year plan to cut jobs, close branches and sell businesses after the euro zone debt crisis, high fuel costs and political turmoil in Egypt and Tunisia brought the world's oldest travel firm to its knees in 2011.