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Transportation

Thomas Cook Tests the Waters for Corporate Business Growth

By Michael B. Baker / June 20, 2017 / Contact Reporter
Business Travel News on X

Although Thomas Cook Group Airlines is known as a leisure travel carrier, it has turned its attention to the corporate market, particularly with its Germany-based Condor airline.

Over the past several years, Condor has been upgrading its product, including lie-flat seats in business class, and upping its sales capabilities to broaden its appeal to corporate travelers, said Jens Boyd, long-haul and revenue management director for Thomas Cook. At the same time, Condor has expanded its network to connect Frankfurt to "niche markets with no access to Europe," he said. In the U.S, it added service to New Orleans and San Diego this year and this week is beginning service from Pittsburgh. Last year, it also converted its Seattle summer service to year-round.

Currently, Condor's corporate business is largely small and midsize companies, and it is using its business class fares as a selling point to grow that, he said. "Those business managers up the ladder who have permission to fly first class will not fly with us," Boyd said. "Those segments who are allowed to fly premium economy find we offer the same price point [as other carriers' premium economy fares] and a much better service."

A few months ago, Thomas Cook hired a Chicago-based salesperson, North America senior sales and business development manager Jason Faltinek, to build corporate agreements across its entire portfolio. While Condor is the most obvious fit for corporate travelers, Faltinek also will look at the appetite for corporate business on Thomas Cook Airlines, which connects several U.S. cities to Manchester, England. Thomas Cook Airlines might add business class in the next two years if it senses sufficient demand, Boyd said. It is eyeing corporate business on its route from New York's John F. Kennedy International Airport, which it will convert to year-round in December.

For now, sales are focused "not so much on making it cheaper [to fly] but on making it more convenient to book and adding flexibility," he said. "On the leisure side, if they buy a ticket, it costs money to exchange it, but we're beginning to see internally it makes sense to work with these corporations to give them more flexibility."

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