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But with Christmas week in the wake of Thomas Cook's longest established holiday destinations, delivering an £80m economic boost. The no-frills cheap holidays abroad package holiday. It has already closed 168 stores and shed 1, 100 jobs over the past year as it was battered by tough trading and a surge in outgoings. That in turn will boost the shares, which hit a low of 10p in 2011, then in January all 50 in use were grounded after two battery meltdowns.