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TCGTue, 24th Sep 2019 14:27
MADRID, Sept 24 (Reuters) - The collapse of British travel
firm Thomas Cook has affected 53,000 Britons in Spain,
Spanish Acting Tourism Minister Reyes Maroto told reporters on
Tuesday.
The ministry has been in touch with German and Swedish
authorities to ensure Thomas Cook subsidiaries continue to
operate at least for the winter season, she added.
(Reporting by Ashifa Kassam; Editing by Sonya Dowsett)
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Read more(Sharecast News) - Thomas Cook guided towards the lower end of market expectations for its full-year underlying earnings on Tuesday, blaming the impact from hot weather in June and July and margin pressures on its tour operations in the Spanish islands, amid aggressive competition and bed cost inflation from hoteliers.
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