What Happened to Thomas Cook?

What Happened to Thomas Cook?

The UK government this week engages in another set of inquiries on why Thomas Cook went bankrupt, which is the perfect time to ask Skift Europe Editor Patrick Whyte, who has been covering the story, what happened. How did the "booking clerk to the empire" go belly-up after more than 150 years? Whyte explains that the company was struggling under a massive debt load and had struggled with maintaining a large number of travel agencies as booking habits changed. But Whyte noted that parts of the business remain — Condor, in Germany, and the subsidiary in the Nordic countries. European and UK holidaymakers may see fares rise in the short term as airlines backfill the capacity hole left by Thomas Cook's bankruptcy, but Whyte believed the capacity shortfall would be filled by next summer.

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Episoder(442)

Skift Global Forum 2026: Aviation Preview

Skift Global Forum 2026: Aviation Preview

In this week's show, Gordon and Jay discuss two industry giants that are due to speak at the Skift Global Forum 2026 in New York between September 22-24. The conversation kicks off with Air Canada bef...

20 Aug 39min

Turkish Airlines' Turbulent Quarter

Turkish Airlines' Turbulent Quarter

In part one, Gordon and Jay discuss a mixed set of Q2 results for Turkish Airlines. In part two, the conversation turns to Allegiant Air, with the U.S. carrier now taking Sun Country under its wing. ...

13 Aug 29min

Swiss Shines But Lufthansa Lags

Swiss Shines But Lufthansa Lags

Swiss out-earned the entire Lufthansa Group network division it belongs to last quarter, while the core Lufthansa brand slid back into an operating loss. Gordon and Jay work through how a fuel bill un...

6 Aug 33min

Airshow Highs and Earnings Season Realities

Airshow Highs and Earnings Season Realities

In part one, Gordon and Jay discuss the highlights from last week's Farnborough International Airshow, reviewing the big deals and longer term impact of the event. In part two, the conversation turns ...

30 Jul 42min

Why 2026 Is Aviation's Most Volatile Year Since COVID

Why 2026 Is Aviation's Most Volatile Year Since COVID

The airline industry is navigating its most unpredictable period since the pandemic, with fuel prices, geopolitical tensions, premium travel demand, and aircraft shortages reshaping the competitive la...

23 Jul 1h 1min

How Many Planes Does the World Need?

How Many Planes Does the World Need?

Ahead of the Farnborough Airshow, for this special episode Gordon Smith and Meghna Maharishi are joined by Darren Hulst, Boeing's VP of Commercial Marketing. The conversation centers on the planemaker...

18 Jul 26min

Can a "New Class of BNPL" Become a Strategic Loyalty Play?

Can a "New Class of BNPL" Become a Strategic Loyalty Play?

ClarityPay recently partnered with JetBlue to introduce a new pay-later program that combines embedded financing, loyalty, and personalization to drive incremental revenue. Learn more about Clarity...

16 Jul 17min

 How Much is EasyJet Worth?

How Much is EasyJet Worth?

An approach from U.S. private equity firm Castlelake has reopened the question of what EasyJet is actually worth. Gordon and Jay run through the latest takeover chatter before setting the scene for De...

9 Jul 43min

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