Thomas Cook on track to meet earnings forecast as popularity of Egypt resurges

Thomas Cook said it is on track to meet forecasts for growth in the current fiscal year as it adds more holidays to Egypt and Turkey, according to Reuters. The returning popularity of holidays to Egypt and Turkey would help offset margin pressures Thomas Cook is facing in Spain, the tour operator says. The Group also announced a 10% air capacity expansion for this summer, mostly on routes from Germany, FVW reports.