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Tourism

Thomas Cook sees strong Egypt demand after 2017 earnings rise

Wednesday 22/November/2017 - 10:18 AM
Sada El Balad
Edited By: Nada Moustafa
Travel firm Thomas Cook reported an 8 percent rise in full year earnings، helped by a turnaround of its German airline Condor and improved customer demand، adding that bookings for Egypt in summer 2018 were already very strong، Reuters reported.

The tour operator said on Wednesday underlying earnings before interest and tax (EBIT) was 330 million pounds ($437.6 million) in 2016-17، a little higher than an analyst consensus of 327 million pounds.

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