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However, UK bookings for the key summer period are now flat, with average selling prices two per cent higher.
Fankhauser said an expanded holiday offering to Greece and a number of smaller destinations across Europe was paying off, with bookings to Greece now up by over 40%, while demand for destinations such as Cyprus, Bulgaria, Portugal and Croatia has been strong.
It said it has seen a massive surge in popularity in bookings for Majorca and the Canary Islands where hotel prices have risen by eight per cent as a result of the increased demand.
The travel agent saw a one per cent increase in revenue, to £1.6 billion, for the three months to December 31st, with losses narrowing two per cent to £49 million.
He said the group would not be drawn into a price war and had "taken a deliberate decision to focus on higher margin, quality holidays".
Thomas Cook's annual report said it meant to give him the chance to achieve an award of 200% of his base salary for 2017 to reflect his significant impact on the business. He said these include Cyprus, Bulgaria and Croatia.
Demand for bookings to Greece were up 40 per cent compared to previous year.
But it has made a good start to the new year, with 31 percent of its summer holidays already sold, with bookings 9 percent ahead of last year.
J&J Boosts Drug Roster With $30B Actelion Deal
The transaction is expected to close by the end of the second quarter, with J&J commencing the tender offer by mid-February. However, Johnson & Johnson withdrew from the discussions in mid-December, and Sanofi approached Actelion about a deal.
While summer sales in northern and continental Europe are well ahead of a year ago, United Kingdom demand may be moderating, with bookings up 1 percent and package holiday reservations "slightly behind".
Laith Khalaf, senior analyst at Hargreaves Lansdown, said: " Times are tough in the European travel industry and Thomas Cook isn't having the best of it, though the good news is things don't seem to be getting any worse".
Therefore Thomas Cook expects the Group's positive performance to be weighted more towards the second half than usual.
The firm said in its annual report that share bonuses under a long-term plan had been cut from 200 per cent of base salary to 165 per cent after discussions with shareholders.
Tesla Just Rolled Out its Autopilot Update to All HW2 Cars
Forward collision warning (FCW): A system that warns the driver of an imminent frontal collision with audible and visual warnings. It was a major victory for Tesla, and one that saved the company from having to issue a massive recall on the systems.
The deal, subject to regulatory approvals and a vote by Entercom's board, is expected to close in the second half of the year. The combined company will have post-merger revenue of $1.7 billion and cash flow of almost $500 million.
The NFC's team of Thomas Davis, Gerald McCoy, Jason Kelce and Ezekiel Elliott then stepped in and beat them with 28.7 seconds. The fourth event was the Precision Passing competition, which required quarterbacks to hit multiple moving targets.
Her confirmation hearing showed that she simply has no knowledge of the complex inner workings of our education system. In Florida, almost 60 percent of children in public schools qualify for either free- or reduced-price lunch programs.
Earlier this week, Trump used the Israeli wall as an example of why he wanted to build a similar wall for the US. Netanyahu said this week that 2,500 housing units in the West Bank have been given the go-ahead.
But if legit, they show the displeasure many government employees across a wide range of agencies about Trump's censorship . The account introduced itself with defiant messages: "Mr Trump, you may have taken us down officially".
However, most neutrals will hope for a showdown between two legendary players suddenly rediscovering their form of five years ago. Lucic-Baroni upset third-seed Agnieszka Radwanska this fortnight and another grand slam finalist, Simona Halep, twice at majors.
Canada's WestJet Airlines said it turned back a passenger bound for the U.S. on Saturday in order to comply with the order. In Washington, agencies charged with handling immigration and refugee issues grappled with how to interpret the measure.
Earlier, Japanese agency reported that space junk collector is encountering some problem and has not been successfully deployed. The debris would then be directed toward Earth were it would burn up on reentry into the atmosphere.
Packers release longtime RB Starks
Asked about the ongoing after-effects of his concussion, Shields said, "Some days it's tough headaches, some days it's mild". The 30-year played in 76 games for the Packers , rushing for 2,506 yards and nine touchdowns on 618 carries.
Give the GOP a chance on health care
It's also an area where Republicans are going to have to do some things we may not normally do, like cost sharing or reinsurance. His Affordable Care Act (ACA) has been dubbed a failure by many, including our current president.
Frontier Adds Three Nonstop Flights From San Diego
After more than a decade of downsizing, Delta Air Lines is growing at Cincinnati/Northern Kentucky International Airport. The San Diego flight, beginning May 16, will be Tuesday, Thursday and Sunday on a 80-seat A320 aircraft.
Corrections Officers Held Hostage In Smyrna
Hicks did not comment on who is being held hostage but The Associated Press reported that prison guards were taken hostage. A department sharpshooter ended the standoff by shooting and killing 45-year-old Scott Miller, according to the report.
Suspect detained in deadly Quebec mosque shooting
The Jamia Ahmadiyya Canada Institute of Islamic Studies in Vaughan has also increased its security at mosques across the country. One witness told Radio Canada that "the two men were wearing black cagoules", and one of them "had a "strong Quebecois accent".
Insane Reason Man Jumped Into Tiger Enclosure Revealed
A series of loud explosive bangs can then be heard and the two tigers run off, while the first tiger continues to bite the man. The man was attacked by the tiger after he scaled the wall to avoid paying for a ticket, local tourism authorities said .
Don't vote for those fighting their last polls: Kejriwal
While his address was focused on farmers, PM Modi did not lose the chance to take the jibes on Aam Aadmi Party (AAP) and Congress. SAD president Sukhbir Badal called Punjab Congress chief Capt Amarinder Singh a hankari (arrogant) raja.
Everything You Need to Know About 'Resident Evil 7'
Capcom has successfully reinvented Resident Evil in the past, the most notable deviation being the brilliant Resident Evil 4. Per the reviews, you can expect to get lost and stuck in a puzzle while fearing for your dear life.