Travel Question

Is our Thomas Cook flight still a safe bet for summer?

Have a question? Ask our expert Simon Calder

Thursday 21 February 2019 18:52 GMT
Comments
While the overall business has lost market value, the airline is going strong
While the overall business has lost market value, the airline is going strong

Q We have a flight booked in July with Thomas Cook Airlines but my husband is worried about all the stories relating to its troubles. Can you comment on potential issues and problems and where we would stand?

Debra H

A When you refer to “its troubles”, I imagine you mean the Thomas Cook Group as a whole rather than the airline part of the business. In its trading statement earlier this month it said “bookings for summer 2019 reflect some consumer uncertainty, particularly in the UK”. It has cut capacity to “mitigate risk”. While the Anglo-German organisation continues to trade normally, Thomas Cook’s market capitalisation has fallen 80 per cent from a high in early summer 2018.

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