The European airport association ACI Europe has blamed a spate of airline failures in September for “softening” growth in air traffic.
Thomas Cook GmbH has announced having canceled all trips for 2020 leaving some 660,000 customers and 2,100 employees affected.
Austrian tour operator Alltours has expanded its summer 2020 Greece programs adding airline seats and hotel options to meet rising demand.
Chinese conglomerate Fosun is expected to acquire the Thomas Cook brand, as well as the Casa Cook and Cook’s Club hotels.
Two months ago I wrote a report about Thomas Cook’s impending failure. Experts argued. Too bad, people who did not listen lost a lot.