Condor Flugdienst

Travel firm Thomas Cook reported an 8 percent rise in full year earnings, helped by a turnaround of its German airline Condor and improved customer demand, adding that bookings for Turkey and Egypt in summer 2018 were already very strong.

Air Berlin is in talks with three competitors about buying up its assets, the insolvent airline's boss said on Aug. 17, warning that not all jobs would be saved.

"Aside from Lufthansa, we are in contact with two other interested parties from the aviation industry," Air Berlin chief executive Thomas Winkelmann told the Frankfurter Allgemeine Zeitung daily.

Germany's major tour operators are reporting an increase in bookings for holidays in Greece this year.

Data from Thomas Cook's German subsidiary point to a rise of more than 40 percent on last year, while demand for Greek vacations by TUI customers has grown 41 percent year-on-year, according to the online edition of the fvw journal.

British travel company Thomas Cook posted broadly flat annual profit after its attempt to grow was hampered by customers turning their backs on holidays to Turkey, and said it was encouraged by future demand for trips abroad.