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Thomas Cook chief sets date for recovery plan

Tuesday, 19 February 20133 min read

The long-awaited recovery plan from Thomas Cook will be announced at a special Capital Markets Morning on 13 March.

Chief executive Harriet Green promised when she joined the operator in July 2012 that she would develop a clear plan to reinvigorate Thomas Cook, see previous story.

In her first statement she said: "My initial focus is to review our businesses, quickly establish priorities and develop a clear plan to reinvigorate Thomas Cook, which I expect to be able to present to you next Spring."

The Capital Markets Morning, to be held in March, will update on the progress of its business transformation and the new strategy of the Group ahead of its second quarter results in May.

There will also be a brief trading update on the day.