Thomas Cook Group plc (TCG.L,TCKGY.PK) confirmed that it is in advanced discussions with its banking group about extending its financing arrangements. These talks are part of the result of the strategic review the Group has undertaken since agreeing terms of a new facility in November 2011.
Further to the revised financing arrangements, the earlier announced asset disposal programme and the sale of Thomas Cook India, the Group is exploring a possible sale and leaseback of certain aircraft. The Group expects to report in detail on the results of that review by the time of the interim results.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.