Feb 7, 2019

Thomas Cook considers sale of airline

Thomas Cook has said it is conducting a "Strategic review" of its airline as it seeks to find funds to invest more in its hotels business. Airlines across Europe are struggling amid fierce competition. Budget airline Germania has filed for bankruptcy and Flybe needed rescuing last month. In contrast, Thomas Cook's airline is largely profitable. The company wants more control over its hotels to make them more customisable, it says.

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