Thomas Cook is witnessing a shift in business mix with domestic and short haul international segments contributing higher than long haul segments such as Europe or the US. The latest development comes against the backdrop of delays in processing of Schengen visas because of large volumes and staff shortages in embassies.
In calendar year 2019, long haul contributed to around 60 per cent, while short haul and domestic provided 40 per cent leisure segment revenue. In 2022 the trend is reversing with long haul contributing 40 per cent and short haul and domestic providing 60 per cent from year to date.