One year after the collapse of British travel company Thomas Cook, the brand is now being resurrected as a travel agency under Chinese ownership from Fosun Tourism Group, according to a press release.

The nearly 180-year-old brand will function as a booking service for flight tickets and package holidays to destinations currently open from London.

Thomas Cook will thus operate as a fully online-based travel agency selling tickets for travel to and from Italy, Greece, and Turkey, originating from the UK.

The Swedish part of Thomas Cook, Ving, was bought up by a consortium after last year's September bankruptcy. This consisted of Norwegian hotel magnate Petter Stordalen's parent company Strawberry Group, Swedish private equity firm Altor, and British private equity firm TDR Capital.

Source: Nyhetsbyrån Direkt