Tag: Cook

Thomas Cook relaunches as online travel business

Thomas Cook is back — this time, with a different business model.



a group of people standing in front of a store: Travelers at a Thomas Cook kiosk at Heraklion International Airport on the island of Crete, Greece in September 2019.


© Loulou D’Aki/Bloomberg/Getty Images
Travelers at a Thomas Cook kiosk at Heraklion International Airport on the island of Crete, Greece in September 2019.

The British tour operator relaunched on Wednesday as an online-only venture, one year after a collapse that left hundreds of thousands of travelers stranded.

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The company has reinvented itself as a digital booking platform as the coronavirus pandemic continues to hobble global demand for travel.

Its new website caters only to “quarantine-free destinations” from the United Kingdom, such as Corfu, Cyprus and Rome.

Thomas Cook went bust last September, leaving 600,000 travelers grounded and wiping out thousands of jobs. The company’s previous business was centered on selling flights on its own airline, along with hotel rooms, from brick-and-mortar stores.

The 179-year-old brand was acquired in November by Fosun Tourism, a Chinese company that

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Thomas Cook revival: ‘I wish the business well’

Grace FletcherImage copyright
Grace Fletcher

Former flight attendant Grace Fletcher says she and some ex-colleagues would do anything to get back into aviation.

She loves her current job, helping vulnerable children in the prison service, but says she also longs to “reverse the clock” to the 27 years she spent at Thomas Cook.

The 179-year old company’s spectacular collapse a year ago came out of the blue – she learned of it by switching on her phone and seeing headlines.

On Wednesday its new Chinese owners Forsun gained their licence to operate and it returned to business, but it is a shadow of the mighty High Street presence it once was.

Bookings for the new version of Thomas Cook will be online only and it will not have any aircraft, hotels or shops.

Grace and her former flight crew colleagues have watched the relaunch with great interest: “It was very sad

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Chinese owners revive Thomas Cook as online-only holiday brand

LONDON (Reuters) – Thomas Cook re-emerged as an online-only travel company on Wednesday, backed by its Chinese owners, a year after the high-profile collapse of the British company left thousands stranded, out of work and out of pocket.

China-based Fosun Tourism Group <1992.HK>, which was the biggest shareholder in the original Thomas Cook and also owns Club Med, said it was reviving the name to sell holidays online, having bought the brand and online assets last November.

Thomas Cook was founded in 1841 and was the world’s oldest travel firm until it went bankrupt in September 2019, some six months before the COVID-19 pandemic wreaked havoc across the travel industry.

The new Thomas Cook will sell holidays to destinations on Britain’s safe travel corridor list including Italy, Greece and Turkey, the company said in a statement on Wednesday.

But the timing of the launch during the pandemic could raise eyebrows.

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Alvin Kamara, Dalvin Cook land massive contract extensions on eve of Week 1

Several NFL stars across the league have been inking lucrative new deals in the final weeks leading up to the 2020 regular season, and on Tuesday, two star running backs reportedly landed huge extensions with their teams.



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New Orleans Saints star Alvin Kamara had missed time in recent weeks for reasons that were reported to be contract-related. Kamara was entering the final year of his rookie deal and was set to earn just $2.1 million in base salary, making him one of the most underpaid offensive weapons in football based on his production. According to a report from NFL Network’s Ian Rapoport, Kamara and the Saints have agreed to a five-year extension worth $77 million, including $34 million in guaranteed money. Kamara’s new deal is on par with Ezekiel Elliott’s $15 million AAV, and is just behind Christian McCaffrey’s league-leading deal.

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Thomas Cook to be revived as online travel firm

Thomas Cook sign
Thomas Cook sign

The Thomas Cook travel brand is close to being re-launched following the company’s spectacular collapse last year that cost thousands of jobs.

However, the new firm will be online-only without the aircraft, hotels and shops of the old business.

The brand’s owner, China’s Fosun, wants to revive Britain’s oldest travel firm within weeks to capture the start of the booking season for next summer.

But exact timing depends on when Thomas Cooks gets a licence to operate.

The 179-year-old company collapsed under a mountain of debt, and sparked the largest ever peacetime repatriation to bring home 150,000 UK holidaymakers from abroad.

Fosun was already a large shareholder in the business, and last November paid £11m for the Thomas Cook trademarks, websites, social media accounts.

A very limited Thomas Cook website is already operating, although it is not selling holidays.

The firm needs an Atol licence from the

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