Bookings for Turkey and Egypt in summer 2018 are already very strong, travel firm Thomas Cook says, according to Reuters. The company reported an 8% y-o-y increase in full year earnings, helped by a turnaround of its German airline Condor and improved customer demand. CEO Peter Fankhauser says Thomas Cook is redirecting capacity that went to Spain last summer to Egypt for 2018, according to TTG. He says Egypt is one of the destinations that provide a “fantastic” value for the money. He added: “We have a strong growth out of all the markets, especially out of the UK and even with the strong growth we are far away from the situation pre Arabian spring … There is big potential there still but we can only fly to Hurghada and Marsa Alam. There is no indication when Sharm airport may reopen and we totally rely on government advice for that.”

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