LONDON, Sept 23 (Reuters) - Shares in European airlines and
travel operator TUI are expected to rise on Monday
after the collapse of Thomas Cook, which will cut some
overcapacity that has hurt profits and weighed on holiday prices
in recent years, traders said.
Rival TUI could increase as much as 4%, two dealers said.
"Thomas Cook's collapse likely brings bad news for holiday
makers and UK/German governments, but takes capacity out and
likely will boost shares most exposed to its markets," said one
dealer.
(Reporting by Josephine Mason
Editing by Tommy Wilkes)