Travel Weekly Blog

Thomas Cook and MyTravel have announced plans to merge this morning.

The plans are still pending approval from anti-trust authorities and shareholders, but this looks like the start of the process of consolidation the industry has long been expecting. Anyone else surprised the words 'First' and 'Choice' are nowhere to be seen?

Thomas Cook's owner KarstadtQuelle AG is due to hold a press conference at 10 o'clock this morning, which will be broadcast live on the web.

Read the story on Travelweekly.co.uk - we'll have more throughout the day.

Update: the KarstadtQuelle press conference has finished, but you can still access various bits of media, including charts and a press release, on the site.