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Thomas Cook sells affiliate network to TDC

Thomas Cook Canada (TC) has confirmed that it has taken the decision to sell its Affiliate Network business to Transat Distribution (TDC). “As part of the ongoing review of our organization, we have been examining each of our businesses as we seek to return to profitability,” said Dean Moore, CEO, Thomas Cook North America. Moore continued: “In doing so, TDC presented us with an opportunity that was particularly unique and beneficial, not only to ourselves and TDC, but to the Affiliates as well.” And he concluded that Thomas Cook remains committed to its plan to enhance its distribution business and to be a key player in the Canadian travel retail world; however it will do so by focusing its efforts on channels more aligned to its long-term strategy.

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