Thomas Cook News
Ex-Thomas Cook Group chief ‘returns to travel sector’
The boss of Thomas Cook Group at the time of its collapse is reportedly returning to the travel sector. Peter Fankhasuer, who was chief executive for five years until its collapse in September 2019, is to become chairman of German OTA itravel
Cook’s Club to return to UK market this summer
Owners Fosun described it as lifestyle concept targeted at forward-thinking city-dwellers who are looking to escape from their daily routine, but still crave style and comfort.
Tour operators cancel trips until mid-February
Virgin Holidays has become the latest travel firm to cancel holidays after new Covid-19 lockdown restrictions were imposed in part of the UK, joining Tui, Thomas Cook and Jet2.
Thomas Cook sees spike in Canary Island demand
Searches continue to accelerate this morning with customers flocking to grab last-minute deals to the main islands of Tenerife, Lanzarote, Gran Canaria and Fuerteventura.
Revamped Thomas Cook signs Hotelbeds deal
Hotelbeds has signed a strategic partnership with Thomas Cook. Thanks to the collaboration, the company will gain access to more than 180,000 unique hotel properties in 140 countries worldwide.
Thomas Cook relaunches as online travel agency
Thomas Cook has relaunched today as an online travel business. Branded as ‘Covid-ready,’ the company will initially only sell holidays to destinations on the quarantine safe list.
Fosun to bring Thomas Cook brand back to market
Chinese conglomerate Fosun is preparing to relaunch Thomas Cook as an online travel agency in the coming days, in a dramatic return for the brand.
CAA pays out £350m in ATOL claims following Thomas Cook collapse
While the claims system is open for new claims until September this year, the CAA encouraged anyone who has not yet opened a claim to do so as soon as possible.
Taxpayers face huge bill following Thomas Cook collapse
According to a report from the National Audit Office, the government will be expected to pay £83 million towards the cost of getting customers back home, as well as £58 million in redundancy and related payments.
Thomas Cook – India signs Yas Island partnership
Thomas Cook – India has entered into a strategic long-term agreement with Experience Hub, the trade and promotion arm of Yas Island, Abu Dhabi. The deal is designed to enhance visitation to the island in 2020 and beyond.
Thomas Cook Nordic arm saved following Stordalen acquisition
As many as 2,300 jobs have been saved after property tycoon Petter Stordalen led the rescue of collapsed travel agent Thomas Cook’s Nordic arm.
On the Beach seeks to capitalise on Thomas Cook collapse
On the Beach Group has said it is well positioned to benefit from the collapse of Thomas Cook. The 178-year-old travel giant was forced into administration last month, faltering under as much as £3 billion in debts.