Thomas Cook will await government guidance before making a decision on whether to extend flight cancellations to Sharm el-Sheikh.
Peter Fankhauser, chief executive of the retailer, said there was a meeting today with the Department for Transport where the position on Egypt will be discussed.
Thomson Airways today announced plans to extend its cancellation policy by a week to December 9, while easyJet and British Airways have cancelled flights to the Red Sea resort until January.
Speaking as Thomas Cook reported being “back in the black for the first time in five years”, Fankhauser said: “Today there is a meeting with the Department of Transport where we will listen to what the government is going to tell us.
“We are strictly following the advice of the government. It isn’t up to me to make a forecast [on what decision will be made]. We support the government and Egyptian authorities in making the airport safe.”
Fankhauser said Thomas Cook had returned to profit despite “an unprecedented level of disruption in some markets”.
He added: “In my 30 years [in travel], I have never seen anything like it with Paris and Egypt only the latest incidents.
“In that backdrop, I’m pleased to say Thomas Cook is back in the black after five years.”
He admitted that there was “a sentiment of non-confidence”, however he said it was too early to tell the long-term impact of the latest terror attacks.
“Customers forget quite quickly in our experience,” he said.