Thomas Cook India expects higher fiscal 2028 travel bookings, delays Europe summer launch
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Thomas Cook India expects higher fiscal 2028 travel bookings despite delaying its summer European holiday packages.
- ✓The company pushed back launches due to regional unrest and extreme weather.
- ✓"European holiday bookings for the winters are looking very strong," said CEO Mahesh Iyer, as travel demand started to recover recently.
Story at a Glance
- Category
- Indian Markets
- Reported By
- Economic Times
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
Thomas Cook (India) anticipates a rise in passenger numbers and bookings in fiscal year 2028. The company has postponed its summer European holiday packages due to unrest and extreme weather conditions. Revenue declined in the first half, but travel demand is recovering in the ongoing third quarter. The CEO is optimistic about financial performance improving in the second half of the fiscal year.
Travel agency Thomas Cook (India) expects passenger numbers and bookings to increase in fiscal year 2028 as travel demand recovers, even as it pushes back its summer European holiday packages by a few weeks over unrest in the region and weather-related concerns, a top executive said.
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