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 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.