Thomas Cook profits hit by Tunisia attack and Greek debt crisis /

Travel company reveals cost of two crises as it reports £44m pre-tax loss for third quarterThomas Cook has warned that disruption caused by last month’s terrorist attack on tourists in Tunisia and the Greek debt crisis will reduce the company’s profits by approximately £25m this year.
The travel company said it cancelled nearly its entire programme of Tunisia holidays this summer after a gunman killed 38 people,30 of whom were British, on a beach in Sousse. Cancelled holidays, and changes to flights and flying customers back from Tunisia will reduce underlying earnings before interest and tax by £20m,Thomas Cook said.
Continue reading...

Source: theguardian.com