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.
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.
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.
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 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 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.
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.
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.
Business secretary, Andrea Leadsom, has asked the official receiver to look at whether bosses’ actions “caused detriment to creditors or to the pension schemes”.