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Thomas Cook on track for launch of online travel agency in October 2010

08/16/2010| 9:22:59 AM| 中文

European tour operator Thomas Cook has not let weak financial results hit its ambitions to launch an online travel agency to challenge the likes of Expedia and Priceline in Europe.

European tour operator Thomas Cook has not let weak financial results hit its ambitions to launch an online travel agency to challenge the likes of Expedia and Priceline in Europe.

The operator warned investors today that full profits would be at the lower end of market expectations, due to “softer” trading conditions as the economy continues to bite and hit consumer spending.

But despite facing heavy costs (£81.9 million) as a result of the volcanic ash cloud saga in April this year and nervousness amongst holidaymakers, Thomas Cook is ploughing on with its widely plugged OTA.

Read the full story at:http://www.tnooz.com/2010/08/11/news/thomas-cook-on-track-for-launch-of-online-travel-agency-in-october-2010/

TAGS: Thomas Cook | OTA
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