Thomas Cook News
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 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.
Hays Travel to acquire entire Thomas Cook retail estate
Hays Travel has reached an agreement with receivers working on the liquidation of Thomas Cook to acquire the entire retail estate of the collapsed travel agent. The deal will see Hays Travel acquire a total of 555 stores around the UK.
CAA completes Operation Matterhorn as last passengers arrive in UK
The Civil Aviation Authority will complete Operation Matterhorn today following the collapse of Thomas Cook. Since the liquidation of the company on September 23rd, the CAA has repatriated 140,000 passengers in what it brands the largest ever peacetime operation of its kind.
CAA commandeers 100 aircraft for Operation Matterhorn fleet
The Civil Aviation Authority delivered another extensive day of flying on Saturday, running 69 flights covering 40 airports at home and abroad. The news comes as Operation Matterhorn completes its sixth day.
CAA brings 30,000 Brits home as Operation Matterhorn continues
Operation Matterhorn completed a total of 70 flights on the second day of operation, as the CAA continues to repatriate stranded Thomas Cook customers. There are plans for 70 flights to return 16,500 people on Wednesday.
CAA repatriates nearly 15,000 people on first day of Operation Matterhorn
The UK Civil Aviation Authority’s plan to bring Thomas Cook passengers back to the UK completed 64 flights on the first day of operation, returning the first 14,700 people to the country.
Thomas Cook executives come under spotlight following company collapse
Business secretary, Andrea Leadsom, has asked the official receiver to look at whether bosses’ actions “caused detriment to creditors or to the pension schemes”.