Losses double to €251m at Thomas Cook

German travel group Thomas Cook has seen full-year losses double to €251m.

Losses double to €251m at Thomas Cook
Tue, 09 Mar, 2004 - 16:10

German travel group Thomas Cook has seen full-year losses double to €251m.

The company has vowed to exercise a series of cost-cutting measures rather than a full-scale restructuring as it targets savings of €50m in the German market and €100m from airline operations this year.

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