The group announced this morning it was launching a “strategic review” of the airline arm.
Speaking on a call with the media this morning (February 7), boss Peter Fankhauser said: “We want to grow faster for our core strategy and I want to reiterate that the review is at an early stage… our group airline is a great business.”
It has just more than 100 aircraft flying 20 million customers a year, with just fewer than half of its seats committed to the tour operator.
“Thomas Cook doesn’t need to own an airline outright to be a successful holiday company and we will retain strong commercially led relationships in any situation that comes up,” said Fankhauser.
