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Thomas Cook drops out of talks with German Wings and TUIFly

Published: 29 Sep 08 09:05 CET
Online: http://www.thelocal.de/money/20080929-14585.html

British travel group Thomas Cook dropped out of talks on Monday morning to combine its airline Condor with German discount airlines German Wings and TUIFly.

“Condor is a strong and profitable business with considerable potential as an independent vendor,” Thomas Cook said in a statement announcing the end of its negotiations.

The option of a fusion between the three airlines turned out to be “not attractive,” the statement said.

DDP/The Local (news@thelocal.de)

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