NEWS Thomas Cook looks to sell its airline business as part of a cost saving scheme

British holiday company Thomas Cook Group is looking to sell its airline section of the business as part of a cost-saving plan, the Sunday Times newspaper reported without naming its sources.

The world’s oldest travel group has looked at a number of potential buyers over the last few months including rival carriers but yet no deal has been reached and talks are not yet under way.

Thomas Cook has not yet commented on this.