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HILLS BALFOUR WEEKLY REPORT- 9TH AUGUST 2013

Amanda HillsPosted: 9 August 2013

WHAT’S HAPPENING IN THE UK TRAVEL INDUSTRY:
American Airways – US Airways merger gets the go-ahead
The two airlines have announced that they have been given the green light for the tie-up by the European Commission under the European merger regulations. The new American Airlines, based in Dallas/Fort Worth will offer over 6,700 daily flights to 336 destinations in 56 countries. The merged airlines will operate a mainline fleet of 950 aircraft and employ over 100,000 people worldwid...

HILLS BALFOUR WEEKLY REPORT- 2ND AUGUST 2013

Amanda HillsPosted: 2 August 2013

WHAT’S HAPPENING IN THE UK TRAVEL INDUSTRY:
Thomas Cook swings back into profit as tour operator recovers under Harriet Green
Thomas Cook improved on a like-for-like basis to £1m for the three months to June 30 compared to losses of £45m during the same period in 2012. Chief Executive, Harriet Green has been simplifying and stripping costs through initiatives like merging its UK, Belgian and German airlines and selling off its Canadian division. Ms Green said: “Since th...

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