Thomas Cook

46 results

Air Berlin’s assets include about 140 leased aircraft and valuable take-off and landing slots in Germany. Photograph: Reuters/Fabrizio Bensch

The European Commission on Monday approved a German bridging loan for Air Berlin that will keep the insolvent airline operational while it tries to fi(...)

Air Berlin  says  it opened a data room for potential investors in May, and there was nothing stopping Ryanair from making a bid

The race to carve up Germany’s insolvent Air Berlin has begun in earnest, and the insults are flying as high as the struggling airline’s fleet. At th(...)

Snorkelling in Sharm el-Sheikh, Egypt, known for its clear waters but much-emptied streets. Photograph: Mohamed El-Shahed/AFP/Getty

In numbers: Pilotless aircraft $26 billion Sum that airlines could save on pilot costs by introducing pilotless aircraft, according to a study by Sw(...)

Davy expects C&C group net sales of €555.2 million, down 16 per cent year-on-year. Photograph: Bryan O’Brien

THIS WEEK MAY 15th MONDAY Results: Forterra Indicators: US housing market index (May) Meetings: The Institute of Electrical and Electronics Engin(...)

Traders  on the floor of the New York Stock Exchange. Apple’s 1.3 per cent gain made it the top stock on the S&P and the Nasdaq. Photographer: Michael Nagle/Bloomberg

US and European stocks pushed higher after financial firms rebounded from a six-week low as investors speculated selling sparked by US policy uncertai(...)

Food group Glanbia  slipped 1.3 per cent to €15.80

European shares steadied on Wednesday, with gains for basic resources companies such as London-listed BHP Billiton and Rio Tinto underpinning the broa(...)

On Wall Street, the dollar advanced against most major currencies and oil prices rose on speculation that oil-producing countries may agree on a proposal to cut supply. Photograph: Brendan McDermid/Reuters

European equities rallied on Wednesday as mining stocks rose and Deutsche Bank climbed 2 per cent off a record low – the German lender’s misfortunes h(...)

Ireland’s Commission for Aviation Regulation (CAR) says that Irish residents who have flown from UK airports would have their complaints processed in that jurisdiction, and may have to pay a fee to do so.   Photograph: Owen Humphreys/PA Wire

Irish passengers flying onwards from UK airports could have to pay to have complaints against airlines processed under a new regime introduced by Bri(...)

SoftBank: agreed to buy ARM Holdings, causing European shares to surge. Photograph: Tomohiro Ohsumi/Bloomberg

News of a bid for British chipmaker ARM helped lift European shares as the deal had a knock-on effect on tech stocks across the continent. The move h(...)

Travel sector stocks fell after an EgyptAir aircraft carrying 66 passengers and crew from Paris to Cairo disappeared. Photograph:  Andrew Milligan/PA Wire

Equity markets fell in Europe, weighed down by falls for travel sector stocks after an EgyptAir aircraft carrying 66 passengers and crew from Paris t(...)

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