| Journal: TWUK | Section: |
| Title: | Issue Date: 15/05/00 |
| Author: | Page Number: 76 |
| Copyright: Other |
Latest news
n transparency moveThe Association of Independent Tour Operators has reacted with scepticism to the redrafting of a document demanding transparency in the industry. The Department of Trade and Industry has given AITO until June 9 to comment on plans to make agents display their ownership links on the outside of shops.
n thomson job losses
Thomson has made further redundancies as part of the restructuring at the operator. The number of job losses was unclear as Travel Weekly went to press.
n management buyout
Over 20 Hogg Robinson managers are contributing to a £232m buyout of the business travel agency. The team is led by chief executive David Radcliffe and executive chairman Neville Bain. The management buyout deal is offering 285p per share.
n Co-op on-line shop
Co-op Travelcare has launched an on-line shop which links its Web site with 10 travel firms. It has signed deals with Kuoni, Hoseasons, Superbreak, Bales, Utell, ABC Holiday Extras, Holiday Autos, P&O Ferries, Stena Line, Traveller’s Book Store and thetrainline.com.The site is www.travelcareonline.com.
n open-skies talks
British Midland bosses are to lobby UK Government negotiators at next month’s open-skies talks. Director of industry affairs Tony Davis and possibly chairman Sir Michael Bishop will attend talks in London on June 12 and 13 to secure transatlantic rights. They hope a mini-deal, reached earlier, will turn into an agreement for British Midland to start US flights.