In 2009, executive chairman, Iain Rawlinson announced plans to reinvent the company as a scheduled carrier, after the company made financial losses.
Osmos holidays full#
In 2007, Cosmos announced they would introduce package holidays using Monarch’s full range of scheduled flights, in line with the expansion plans announced by the airline during the same year. During 2006, the decision was made to run somewhere2stay separately from Cosmos Holidays. Four years after launching somewhere2stay, sales made up £20-£40 million of an estimated £300-£350 million turnover in the accommodation-only sector. In 2002, Cosmos launched an accommodation-only brand, somewhere2stay, which supplied hotel, apartment and villa accommodation to the UK travel trade. In 1994, Cosmos launched a direct-sell brand, Archers Direct (later Archers Holidays, shut down in November 2018), featuring a worldwide touring programme. In 1994, the Globus Group acquired the remaining 20%. This acquisition enhanced the company’s charter seat-only presence in the market. In September 1991, the Globus Travel Group acquired 80% of Avro Plc, a flight-only company set up by Paul Dendle. In 1987, the company changed its name from Cosmos Tours to Cosmos Holidays.
In 1986 Cosmos Tours became the first mainstream operator in the UK to launch a Christmas Lapland programme. Throughout the 1970s and 1980s, Cosmos Tours increased its UK departure airports to include Manchester, Birmingham, Glasgow, Edinburgh and East Midlands, serving new destinations including Portugal, Yugoslavia, Greece, Malta and Tunisia, and longhaul destinations such as Florida, Thailand and Mexico.
In 1968, the success of the company's air package holidays allowed Cosmos to form the airline Monarch Airlines. Although the company's main programme focused on motor coach tours, it soon increased the choice of air package holidays too. Destinations included Italy, Spain, Switzerland, and Austria by motor coach from London’s Victoria station, and by flights from Southend and Lympne airports. The company was created to provide British customers with affordable package holidays by coach and air travel to Europe. Later that decade Globus pioneered the concept of Grand European Touring by offering first-class European tours to North Americans.Ĭosmos Tours was founded in the UK in 1961 by Sergio Mantegazza. Gradually these became regular scheduled tours and grew longer to cover more ground. By 1950, Globus Viaggi had grown to a fleet of 33 coaches and featured overnight excursions to Rome, Venice, the Dolomites and the French Riviera. The company began with a fleet of 12 coaches which operated local excursions for European tourists in Switzerland.
In 1928, Antonio Mantegazza started a company specialising in coach touring called Globus Viaggi.
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