Daily Management Review

Thomas Cook reopens as online service


Travel company Thomas Cook, which went bankrupt last year, resumed operations as an online travel service.

The service started working on Wednesday, and now tourists can book tours to destinations that are not subject to any prohibitions or restrictions in the UK in the face of a pandemic, including Italy, Turkey and some parts of Greece. Other directions will be added to the website later.

“By launching the service now, we are clearly aware of the short-term challenges associated with the pandemic. We know the British want to travel, but are nervous about security and various changes in government quarantine regulations. We only sell destinations that are on a government-approved list and all bookings are flexible,” said Alan French, CEO of Thomas Cook UK.

Thomas Cook, the oldest travel company in the world, went bankrupt in September last year. The Chinese corporation Fosun, which was the largest shareholder of Thomas Cook before bankruptcy, acquired the rights to the brand, website, social media and software of the company in November 2019 for £ 11 million ($ 14.3 million). It was revealed last week that Fosun planned to revive the brand as an online service soon.

source: bbc.co.uk