Thomas Cook snapped up by Polish tech firm in £30m buyout Business British travel agency Thomas Cook has been acquired by a Polish tech firm, marking its return to Europe after spending four years under Chinese ownership. The acquisition by eSky, a Katowice-headquartered search engine and reservation system provider for airlines, will see its current owner, Fosun, hand over all but the Chinese arm of the business [...]
Profit more than doubles at Flight Centre thanks to pick-up in business travel Business A surge in the number of corporate flights taking off helped Flight Centre Travel Group’s pre-tax profit more than double during its latest financial year. The Australian-headquartered group delivered a AU$320m (£164.42m) in underlying profit before tax for 2024, a 131 per cent year-on-year increase and at the mid-point of Flight Centre’s guidance range. The [...]