Thomas Cook has reported an 8% increase in underlying earnings before interest and tax (EBIT) at £330 million. The travel company credited the turnaround of its German airline Condor and improved customer demand for the rise, highlighting a rise in forward bookings for Turkey and Egypt for summer 2018. “The strong performance of our Group Airline in what has been a difficult year for European aviation is a particularly encouraging sign of our progress,” said chief executive Peter Fankhauser who praised the rise in Condor’s profits by £24 million, especially in the wake of bankruptcies from Air Berlin, Monarch and
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