HOLIDAY firm Thomas Cook says Egypt's political turmoil has cut £131m from half-year sales.
It said a quarter of a million fewer holidaymakers are travelling to the country.
The announcement came as Thomas Cook revealed its results for the six months to March 31, which also showed the Egyptian unrest took £14m from its profits.
However, the business said increased gains from its savings programme meant it still narrowed losses to £257.1m from £268.8m a year ago.
In the UK, average prices were three per cent lower than last year due to its changing mix of holidays and from selling a higher number of shorter breaks. However, bosses expect its UK business to improve average prices as it sells more exclusive hotel holidays.
They said UK sales were £44m lower than 12 months ago due to over capacity to the Canary Islands as well as fewer travellers to Egypt.
The firm added it has so far sold 66 per cent of its summer holidays in the UK market, the same as a year ago.
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