Thomas Cook merges flight operations

Travel company Thomas Cook has said the merger of its flight operations, Condor Flugdienst and its wholly owned subsidiary Condor Berlin, will be completed on May 1st and from that point Flugdienst will include all Condor Berlin flight operations.

Travel company Thomas Cook has said the merger of its flight operations, Condor Flugdienst and its wholly owned subsidiary Condor Berlin, will be completed on May 1st and from that point Flugdienst will include all Condor Berlin flight operations.

As such, the fleet of Condor Berlin, consisting of twelve Airbus A320-200 aircraft and one Airbus A321-200, will be integrated into the operations of Flugdienst.

Christoph Debus, joint Chairman of Thomas Cook Group Airlines said: "This is an important step in delivering the group Airlines strategy, as we continue to create one airline segment, as well as a major contribution in terms of cost effectiveness within the group."

The move is being carried out to allow the company to take advantage of synergies to reduce complexity and costs and will develop the airline business.

Condor Berlin will continue to exist as a maintenance company in Berlin performing maintenance activities on the Airbus fleet as part of the Thomas Cook Group Maintenance Organisation (GMO).

The share price rose 1.145 to 133p by 10:10 on Monday.

NR

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