Lufthansa German Airlines' top executives are scrutinizing mounting financial losses at tourism affiliate Thomas Cook in preparation for a recovery plan they anticipate implementing soon. It could involve an all-new strategy to meet demands of an evolving market. Retail giant KarstadtQuelle and Lufthansa each own 50% of Thomas Cook. Thomas Cook is Europe's second-largest travel/leisure group behind TUI, also a major German player. In the past few years, the company followed a strategy ...

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