Hi,
As above, £45 million profit is a good result considering all that has happened this year and as mentioned, all other tour operators will be facing the same problems.
MyTravel's US and Northern Europe divisions are outstripped previous years performances to produce record results each year and in the US, MyTravel recently began the acquisition trail again in purchasing a cruise retailer from First Choice to compliment its successful Cruise Store brands.
I say well done to MyTravel and I expect many more new and exciting destinations will be launched this November to compliment Samana and China for Summer 2007!
If you take a glance at Thomas Cook UK, a leaked memo to employees, from its chief admitted the company is experiencing its worst trading in 20 years and described it as being 'dire'.
Another example would be TUI UK, in August cutting 100s of jobs and closing their Glasgow call centre.
All tour operators are under pressure at the moment due to events above and beyond their control.
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