Thomas Cook to be just online

Thomas Cook’s tourism brand will continue it after last year’s spectacular collapse of the company that cost thousands of jobs.
However, new companies will only go online without the planes, hotels and shops of the old business.
The owner of the brand, Fosun China, is looking to revive Britain’s oldest travel company in a matter of weeks to mark the start of next season’s booking season.
However, the exact timing will depend on when Thomas Cooks receives a work license.
The 179-year-old company collapsed under a pile of debt, causing the largest peaceful repatriation to date, bringing home 150,000 British tourists from abroad.
Fosun is already a major shareholder in the business, paying £ 11 million last November for Thomas Cook’s brand, website and social media accounts.
The Thomas Cook website is very limited although it does not sell holidays.
The company needs a license for Atoll from the regulatory agency, civil aviation authority. There are reports that can be given in a few days.
Fosun, who owns Club Med Resorts, declined to comment.
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A source said Thomas Cook “is eager to work until Christmas. Then people’s minds turn to summer vacation and there will likely be a huge delay in demand due to this year’s coronavirus elimination.”
The timing of Thomas Cook’s relaunch is also subject to additional restrictions and quarantine rules for overseas travel due to the coronavirus pandemic.
Spain is Thomas Cook’s favorite travel destination.
The tourism and tourism industries have been hit badly by the fall in trade in the coronavirus. British company Hays Travel, which buys most of Thomas Cook’s street shops and employs many former employees, has cut nearly 900 jobs.
And Tui, Thomas Cook’s biggest rival before the collapse, received EUR 1.2 billion in aid from the federal government.

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