In a trading update for the three months to June 30, 2018, Thomas Cook Group said bookings for the summer were up 11% overall, “fuelled by strong growth in our group airline”.
It added that revenues were up in all segments, with higher pricing and customer growth across both the tour operating and airline businesses.
The group’s airline business comprises Thomas Cook Airlines UK, Condor in Germany and Thomas Cook Airlines Scandinavia, as well as the new AOC in the Balearics.
Group airline operating profit grew by £5 million, helping to offset a £6 million reduction in operating profit for the group tour operator.
