Thomas Cook warns on impact of Egypt, Tunisia turmoil

Thomas Cook, one of Europe’s biggest tour operators, warned that political unrest in Egypt and Tunisia would cost the group about €24 million. “The political unrest in Tunisia and Egypt will have an impact on the group results,” the London-based...

Thomas Cook, one of Europe’s biggest tour operators, warned that political unrest in Egypt and Tunisia would cost the group about €24 million.

“The political unrest in Tunisia and Egypt will have an impact on the group results,” the London-based company said in a trad-ing update. “All travel to these markets is currently restricted with the exception, in line with UK Government advice, of travel from the UK to Red Sea resorts.

“We are pleased to note that the UK government travel advice to Tunisia has now improved.

It added: “We estimate the unrest will have an impact on our second quarter profits of around £20 million.”

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