Thomas Cook warns on profit again as Brexit delay brings no respite

Thomas Cook warns on profit again as Brexit delay brings no respite

LONDON (Reuters) - British travel group Thomas Cook issued its third profit warning in less than a year on Thursday, sending shares tumbling to a 6-1/2 year low as it said discounting and higher fuel and hotel costs would hurt it during the peak summer season.

Thomas Cook said it had received multiple bids for

its airline unit, but this was overshadowed by what Chief Executive Peter Fankhauser called a “difficult trading environment” despite a delay to B

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