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TUI is benefiting from the failure of rival travel company Thomas Cook last September, helping it to pick up new customers

TUI says strong holiday demand helps to offset MAX cost

European travel company TUI said strong demand for holidays would help offset the impact of the grounding of the Boeing MAX aircraft on its annual profit.

Business • 11 Feb 20

The Condor carrier was a former subsidiary of bankrupt travel operator Thomas Cook

Poland's LOT to buy Thomas Cook airline Condor

Polish airline LOT said today it would take over German carrier Condor, a former subsidiary of bankrupt travel operator Thomas Cook that has been kept aloft with government loans.

Business • 24 Jan 20

TUI said the Boeing groundings had already cost it €293m in the financial year to the end of September 2019

TUI says MAX grounding continues to drag

TUI Group said the grounding of its Boeing 737 MAX planes would continue to drag on profits, with a hit of up to €400m possible in its 2020 financial year if the jet does not come back into service by May.

Business • 11 Dec 19

Thomas Cook collapsed on September 23, disrupting the travel plans of a million holidaymakers with future bookings

Refund delay for third of initial Thomas Cook claims

Around one in three of the first Thomas Cook customers to claim refunds will not be paid within the 60-day target, according to the UK aviation regulator.

Business • 06 Dec 19

Thomas Cook ceased trading last month after failing to secure a last-ditch rescue deal

Thomas Cook paid auditors €21m in consultancy fees

Thomas Cook's former auditor, PwC, was paid £21m for providing consultancy and non-audit work for the travel firm between 2007 and 2016, MPs have been told.

Business • 22 Oct 19

Thomas Cook, the world's oldest travel firm, collapsed last month

Former Thomas Cook boss defends record after collapse

The former chief executive of bankrupt travel firm Thomas Cook said today he understood public anger over his pay but defended his record, saying he had worked tirelessly to try to save the company.

Business • 15 Oct 19

Condor ran into a liquidity problem after its parent company Thomas Cook collapsed last month

Thomas Cook German airline wins EU okay for €380m loan

EU competition regulators have today approved a €380m German bridging loan to Thomas Cook's German airline Condor.

Business • 14 Oct 19

Dart Group, the owner of UK airline and tour operator Jet2, has upped its profit guidance

Dart Group sees demand boost after Thomas Cook collapse

Dart Group, the owner of British airline and tour operator Jet2, has today raised its profit guidance as it boosted passenger numbers following the collapse of former rival Thomas Cook last month.

Business • 11 Oct 19

Travel company Thomas Cook collapsed on September 23

Hays to buy Thomas Cook's UK stores as 2,500 jobs saved

Hays Travel will buy all of Thomas Cook's British travel agent shops, potentially saving up to 2,500 jobs and providing a rare boost for high streets across the UK.

Business • 09 Oct 19

IBA said that 2019 has seen the fastest growth in airline failure in history

Airline bankruptcies surge, as rivals vie for planes

Airline bankruptcies have increased this year at the fastest ever rate, led by the collapse of India's Jet Airways, UK travel group Thomas Cook and Avianca of Brazil, according to new industry data.

Business • 04 Oct 19

Easyjet is looking at some of collapsed travel firm Thomas Cook's assets, its CEO said

Easyjet is looking at Thomas Cook assets - CEO

Easyjet is looking at some of collapsed travel firm Thomas Cook's assets, the airline's chief executive Johan Lundgren told German newspaper Die Welt.

Business • 04 Oct 19

Debt-plagued Thomas Cook collapsed last week after a lengthy period of financial turmoil

UK launches probe of Thomas Cook auditors

The UK has today launched an investigation into the auditors who signed off on accounts for the now-bankrupt holiday giant Thomas Cook, as the company's Belgian division finally collapsed.

Business • 01 Oct 19

The UK's CAA will on October 7 it launching an online refund system to cope with demand from affected Thomas Cook customers

Thomas Cook customers may face 2-month delay for refund

Britain's aviation regulator said that refunds of bookings by Thomas Cook customers could take longer than expected as the regulator does not have all the information needed from the collapsed travel firm.

Business • 30 Sep 19

Thomas Cook, the world's oldest tour operator, collapsed in the early hours of Monday

UK business committee to probe Thomas Cook collapse

The UK's Civil Aviation Authority said today that 72 flights are scheduled to operate to bring back a further 16,000 people to the country following the collapse of travel group Thomas Cook.

Business • 27 Sep 19

Thomas Cook's independent airline units Condor and its Nordic Ving group have both said they are looking for new owners

Ryanair not interested in buying Thomas Cook airlines

Ryanair is not interested in taking over any of the airlines of travel firm Thomas Cook, which has gone into liquidation, its group chief executive said today.

Business • 26 Sep 19

Thousands of holidaymakers were stranded by the collapse of London-based Thomas Cook, the world's oldest travel firm, on Monday

UK will try to recover cost of Thomas Cook repatriation

Britain will try to recoup the cost of repatriating tens of thousands of Thomas Cook customers and will examine if airlines could be wound down in a more orderly process after collapse, UK Transport Minister Grant Shapps said today.

Business • 25 Sep 19

Close to 35,000 holidaymakers from the Nordic countries were travelling at the time of Thomas Cook's announcement

Thomas Cook's Nordic business to carry on

Thomas Cook's Nordic business said today it would continue to operate as it is a separate legal entity from its London-listed parent, which collapsed yesterday, and it was looking for new owners.

Business • 24 Sep 19

Thomas Cook currently has around 600,000 people abroad

UK accounting regulator mulls examining Thomas Cook

Britain's Financial Reporting Council said today it was considering investigating the collapse of travel company Thomas Cook.

Business • 24 Sep 19

TUI says its business model was proving 'resilient' in challenging market conditions

TUI says assessing impact of Thomas Cook's collapse

Holiday giant TUI has said it is assessing the impact of rival Thomas Cook's collapse on its results and "preparing measures" to support affected customers.

Business • 24 Sep 19

The ripples from Thomas Cook are set to hit the tourism sectors in Mediterranean and North African resorts

Who loses and who gains from the demise of Thomas Cook?

The ripples from Thomas Cook's failure are set to hit the tourism sectors in Mediterranean and North African resorts, leave fuel suppliers out of pocket and further hurt British shopping streets with the closure of hundreds of travel agents.

Business • 23 Sep 19

Thomas Cook check-in desks were empty in Belfast today

Belfast travellers affected by Thomas Cook collapse

Around 6,000 people who flew with Thomas Cook from Belfast International Airport have been left stranded as a result of the company's collapse.

Ulster • 23 Sep 19

Condor is Thomas Cook's German holiday airline

Condor to continue operations, seeks bridging loan

Thomas Cook's German holiday airline Condor said it has asked the German government for a bridging loan, adding it would continue operating despite its parent company's collapse.

Business • 23 Sep 19

Thomas Cook employed 21,000 people and was the world's oldest travel company, founded in 1841

Thomas Cook collapses: What next and why?

Thomas Cook, the world's oldest travel firm, collapsed today, stranding hundreds of thousands of holidaymakers around the globe.

Business • 23 Sep 19

Thousands of passengers have been left stranded by the collapse of Thomas Cook

Thomas Cook ceases trading leaving thousands stranded

Travel giant Thomas Cook has ceased trading after failing to secure a last-ditch rescue deal, leaving an estimated 600,000 tourists stranded.

Business • 23 Sep 19

Thomas Cook is the world's oldest holiday company and was a pioneer of the package tour

Thomas Cook seeking extra £200m to avert collapse

Thomas Cook urgently needs £200m to satisfy its lenders or one of the world's oldest holiday companies could collapse in the next few days.

Business • 20 Sep 19