BGN Entrepreneur

The tour operator—Thomas Cook just delivered more bad news for the travel industry, via warning that full-year profits would be at the lower end of market expectations on the back of weak demand in the Britain.
According to the company, it is said that after Iceland’s Eyjafjallajokull vocano erupted in April, the demand for holidays stuttered. This announcement came after a similar warning from its competing company—Tui Travel, where fewer bookings by Britons and price-cutting led to poor trading in the summer.

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