Thomas Cook counts the cost of Tunisia attack and Greece crisis

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Peter Fankhauser met with Habib Essid this month following tourist attacks in the country.

The attack and fears over the Greek economy will hit its annual profits by £25 million, the tour operator said today.

Shares in Thomas Cook fell by almost 3% in early trading as it said that foreign currency movements would also hit profits by £39 million.

 

Thomas Cook repatriated 15,000 holidaymakers from Tunisia in June, and re-booked a further 200,000 people, after the foreign office advised that Britons should no longer travel to the North African country.

Fankhauser said: “We are operating in a volatile environment but this sort of thing could happen anywhere.

 

“We were reassured to see that the Tunisian government is doing a lot to protect our guests.”

Fankhauser said that customers were more attracted to a package holiday, having seen what a tour operator will do to help in the event of a problem.

Source Article from http://www.standard.co.uk/business/business-news/thomas-cook-counts-the-cost-of-tunisia-attack-and-greece-crisis-10426285.html

July 30, 2015 |
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