Thomas Cook Agency Saved By Chinese Travel Giant

The world's oldest travel agency is making a comeback. The Thomas Cook company will return to business later this month after its brand name was purchased by another agency, Chinese-based Fosun Tourism, also the owner of Club Med.

The world's oldest travel agency is making a comeback.

The Thomas Cook company will return to business later this month after its brand name was purchased by another agency, Chinese-based Fosun Tourism, also the owner of Club Med.

The British agency collapsed in September leaving 2,500 jobs lost and triggering the rescue of 150,000 travelers from the United Kingdom - the largest repatriation of British citizens since World War II.

Read the full article
Operations & Strategy Operations & Strategy Markets & Performance