Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Google
Web www.equitybulls.com
Stock Report

| More

Thomas Cook India & SOTC ink a strategic agreement with Air Arabia

Posted On: 2021-10-13 13:57:54 (Time Zone: IST)


Signalling a clear intent to capitalise on the strong and growing opportunity presented by the India market, Thomas Cook (India) Limited, India's leading integrated travel services company and its Group Company, SOTC Travel Ltd., have signed a 3 year agreement with Air Arabia, the first and largest lowcost carrier (LCC) operator in the Middle East and North Africa. The partnership will deliver on a range of customisable air-inclusive holidays via a technology platform built by Thomas Cook India and SOTC. The exciting and extensive holiday portfolio will be curated by Thomas Cook and SOTC, with air inventory and exclusive fares being provided by Air Arabia. The partnership expands Thomas Cook India & SOTC reach with access to Air Arabia's customer base in India and provides marketing investment to accelerate demand by targeting a range of India's travel segments - across families, couples, millennials, groups of friends, seniors; also B-leisure customers.

Air Arabia operates from 12 Indian cities (metros like Mumbai, Delhi, Chennai, Bengaluru, Hyderabad and viable Tier 2-3 markets like Ahmedabad, Calicut, Coimbatore, Goa, Jaipur, Kochi and Thiruvananthapuram; Nagpur from Nov 2021) giving India's travellers an opportunity to holiday across its extensive network of over 170 international favourites - spanning the Middle East, CIS countries, Africa, Europe and Asia, via easy access of its gateway - Sharjah.

Indian consumers benefit via attractively priced bundled holiday products (air + land) that leverage the respective strengths of the industry leaders - Thomas Cook India, SOTC and Air Arabia. The partnership brings travellers the added advantage of a suite of ready-to-book holidays and customisable itineraries - all bookable via a simple and seamless online platform, conceptualised and built by Thomas Cook India & SOTC. Additionally, Thomas Cook & SOTC will also support customers through its omni-channel network of contact centres and over 350 retail outlets pan India.

Mr. Mahesh Iyer, Executive Director & CEO, Thomas Cook (India) Limited said, "Our teams across Thomas Cook and SOTC have spent time meaningfully these past 18 months in re-imagining our business and I am hence truly delighted to sign a strategic agreement with Air Arabia, that expands our market. The consumer advantage is significant: an enticing proposition that leverages the strengths of Air Arabia's highly attractive air product-pricing-network with the diverse holidays range and combined buying-power of Thomas Cook India and SOTC - leaders in the holidays domain. Further, our seamless distribution via an online platform built by Team Thomas Cook and SOTC, brings customers the convenience and choice of prepackaged or customisable products and a simple, smooth, end-to-end experience. For that added assurance, via the partnership, customers are extended support via our contact centres and extensive retail presence, pan India."

Shares of Thomas Cook (India) Limited was last trading in BSE at Rs. 78.60 as compared to the previous close of Rs. 79.85. The total number of shares traded during the day was 145660 in over 1579 trades.

The stock hit an intraday high of Rs. 82.10 and intraday low of 77.10. The net turnover during the day was Rs. 11514723.00.


Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Apollo Tyres Ltd brings in premium tyre brand Vredestein to India

Asian Hotels North Limited appoints Mr. Ashish Dhanuka as additional director

Athena Global Technologies Ltd posts consolidated Q2FY22 loss of Rs. 1.18 crore

Automotive Stampings and Assemblies Ltd Q2FY22 net profit at Rs. 40.21 lakhs

Sahyadri Industries Ltd posts Rs. 11.84 crores PAT in Q2FY22

MCX reports consolidated PAT of Rs. 32.66 crore in Q2 FY2021-22

Rudra Global Infra Products Ltd consolidated Q2FY22 PAT higher at Rs. 2.10 crore

Gujarat Containers Ltd posts Rs. 1.59 crore PAT in Q2FY22

HGS drives employment across Northern Ireland

Minda Industries Ltd approves additional investment in SPV

Godawari Power And Ispat Ltd increses stake in Hira Ferro Alloys Ltd to 52.79%

Suraj Industries Ltd Q2FY22 PAT at Rs. 81.88 lakhs

ICICI Bank Q2FY22 consolidated PAT climbs to Rs. 6091.84 crore

Tatva Chintan Pharma Chem Ltd Q2FY22 consolidated PAT surges to Rs. 32.41 crore

Sportking India Ltd updates on expansion project

Jasch Industries Ltd Q2FY22 PAT rises to Rs. 4.07 crore

Kkalpana Industries India Ltd Q2FY22 consolidated PAT higher at Rs. 13.45 crore

Gothi Plascon India Ltd Q2FY22 PAT at Rs. 58.52 lakhs

Sportking India Ltd reports surge in Q2FY22 PAT to Rs. 110.16 crore

Seshasayee Paper and Boards Ltd posts Rs. 27.49 crore consolidated PAT in Q2FY22

Vimta Labs Ltd reports consolidated Q2FY22 PAT of Rs. 9.74 crore

Orient Electric Ltd posts Rs. 34.77 crores PAT in Q2FY22

Chalet Hotels Ltd enters into settlement with HAL for Koramangala project

S E Power Ltd posts consolidated loss of Rs. 40.03 lakhs in Q2FY22

IRB InvIT Fund to distribute Rs. 2.20 per unit for Q2FY22

PSP Projects Ltd receives award at the 19th Construction World Annual Awards, 2021

Gayatri Tissue and Papers Ltd Q2FY22 PAT at Rs. 0.32 lakhs

ZF Steering Gear India Ltd posts net profit of Rs. 5.70 crore in Q2FY22

Dodla Dairy reports Q2FY22 earnings

Krebs Biochemicals & Industries Ltd board approves issue of preference shares

Greaves Electric Mobility acquired 100% stake in E-Rickshaw Company Bestway

TVS Motor Company wins India Green Energy Award

Zuari Agro Chemicals Limited announces shutdown of NPK plants

Metropolis Healthcare completes acquisition of chain of labs in South India called 'Hitech Diagnostic Centre'

Ravi Kumar Distilleries Ltd resumes operations at factory

JK Cement Ltd and PRESPL sign a Strategic MoU to Curate a 'Decarbonisation Path', envisioned for Decade and Beyond

Bank of India opens first ever branch in Leh

Kotak Partners Pine Labs as it scales up its Merchant Acquiring Business

IndiGo transported 67.9% of the vaccines as India touches 100-crore dose milestone

Cybertech Systems and Software Ltd Q2FY22 consolidated PAT at Rs. 8.47 crore

Reliance Industries Ltd Q2FY22 consolidated PAT rises to Rs. 13680 crore

Dodla Dairy Ltd Q2FY22 consolidated net profit drops to Rs. 29.39 crore

Zenotech Laboratories Ltd posts Rs. 94.64 lakhs profit in Q2FY22

Inventure Growth and Securities Ltd Q2FY22 consolidated PAT at Rs. 3.70 crore

The Federal Bank Ltd reports consolidated PAT of Rs. 487.99 crore in Q2FY22

Crompton Greaves Consumer Electricals Ltd Q2FY22 consolidated PAT up at Rs. 158.81 crore

Tata Consumer Products Ltd consolidated Q2FY22 PAT at Rs. 268.04 crores

Pioneer Distilleries Ltd Q2FY22 loss at Rs. 21.79 crore

Tata Elxsi Ltd Q2FY22 net profit rises to Rs. 125.33 crore

Kirloskar Ferrous Industries Ltd posts Rs. 119.91 crores PAT in Q2FY22


Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020