Thomas Cook plans to sell his airline



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By ANP

The British tour operator Thomas Cook plans to sell part of his airline, reports the Sunday Times, according to comments by senior executives 'business. These rumors revive speculation about a split of the 177-year-old company.

Discussions had already taken place within Thomas Cook to determine how the company could eventually leave the lap of the tour operator. The money generated by the sale would be used to pay off the debts and invest in the development of the remaining activities. The sources interviewed by the weekly indicate the discussions are still in the infancy stage.

In Belgium, the company Thomas Cook Airlines existed until last year, but its activities have been taken over by Brussels Airlines. Thomas Cook Airlines faces competition from low-cost airlines Ryanair and easyJet

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