Tzell Grows Earnings, But Parent's Losses Double 

The parent company of Tzell Travel plans to increase its focus on the New York-based travel management company following the sale of its leisure division amid widening net losses. Kenmare, Ireland-based CNG Travel Group, which in May 2004 acquired Tzell before joining the London Stock Exchange, yesterday reported a net loss of more than $22 million for the six months ending in June.

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