Jet2.com and EasyJet have bought all of collapsed tour operator Thomas Cook’s landing slots at in the UK, the company’s liquidators have said.
Two former Thomas Cook workers are overjoyed to have been reinstated in their jobs at a Broughty Ferry store.
Mothercare has become the latest UK retailer to feel the pressure of the recent downturn affecting the high street.
The Government’s department for Business, Energy and Industrial Strategy (BEIS) showed an “extraordinary lack of interest” in the days and weeks leading up to Thomas Cook’s collapse, an influential group of MPs has said.
Good jobs figures in the US helped drive up shares on the other side of the pond, as the FTSE 100 pushed higher to finish the week on a win.
The Thomas Cook brand name will live on after the Chinese conglomerate Fosun snapped up the rights from liquidators of the bust travel firm.
A Norwegian hotel and property developer and two equity funds have bought the Nordic subsidiaries of the failed Thomas Cook travel agency, potentially saving some 2,300 jobs.
A former boss of failed holiday giant Thomas Cook has denied saddling the firm with a debt mountain after a mammoth expansion drive.
Thomas Cook’s former auditor, PwC, was paid £21 million for providing consultancy and non-audit work for the travel firm between 2007 and 2016, MPs have been told.
Package holiday business On The Beach said it is set to cash in on the collapse of rival Thomas Cook, nudging shares higher.
The former boss of Thomas Cook has been urged to repay bonuses following the company’s collapse.
A senior MP has called on Thomas Cook’s “high-paid executives” to hand their bonuses over to the collapsed firm’s pension fund.
The former boss of Thomas Cook has said he is “deeply sorry” for the travel firm’s collapse.
The European Union has approved the German government’s decision to grant airline Condor, a subsidiary of collapsed tour operator Thomas Cook, a 380 million-euro (£334 million) bridging loan to keep it in the air.
Planes owned by failed airlines will be used to repatriate passengers under plans announced by the Government.
Jet2 owner Dart Group has said demand for its flights and holidays has been boosted by Thomas Cook’s collapse.
Union bosses have welcomed news that Dundee’s Thomas Cook store and jobs are likely to be saved.
One of the UK’s largest travel agents has said it will save thousands of jobs at Thomas Cook after a deal to buy all 555 of the company’s stores around the UK.
The Dundee Thomas Cook branch is to be saved after independent travel agent Hays Travel said it will buy 555 stores from Thomas Cook after the holiday company collapsed late last month.
Failed tour operator Thomas Cook should not be branded “a dinosaur in a digital age”, a leading travel industry figure has claimed.