This article is about the defunct publicly listed Thomas Cook company. For its current successor, see Thomas Cook Tourism. For its former German company, see Thomas Cook AG. For the original Thomas Cook company, see Thomas Cook & Son.
Thomas Cook Group plc
Company type
Public
Traded as
LSE: TCG FWB: TCG OTCMKTS: TCKGY
ISIN
GB00B1VYCH82
Industry
Hospitality, tourism
Predecessors
Thomas Cook & Son
Thomas Cook AG
MyTravel Group
Founded
5 July 1841; 182 years ago (1841-07-05) in Leicester, England as Thomas Cook[1]
Founder
Thomas Cook
Defunct
23 September 2019; 4 years ago (23 September 2019)
Fate
Ceased trading and entered into compulsory liquidation[2]
Successors
Hays Travel (acquisition of Thomas Cook UK travel stores)[3]
Sunclass Airlines (formerly Thomas Cook Airlines Scandinavia)[4][5]
Thomas Cook Holidays (Fosun Tourism Group) (acquisition of Thomas Cook name and logo, Casa Cook and Cook's Club hotel brands by Fosun)[6][7]
Headquarters
London, England, United Kingdom
Area served
Global
Key people
Frank Meysman Non-Executive Chairman Peter Fankhauser (CEO)
Products
Charter and scheduled passenger airlines, package holidays, cruise lines, hotels and resorts
Services
Package holidays
Flights
Hotels
Revenue
£9,584 million (2018)[8]
Operating income
£250 million (2018)[8]
Net income
-£163 million (2018)[8]
Number of employees
21,000
Divisions
Thomas Cook Group Airlines
Subsidiaries
Thomas Cook Retail
Thomas Cook Airlines UK
Thomas Cook Airlines Balearics
Thomas Cook Airlines Scandinavia
Condor
Thomas Cook Aviation
Club 18-30 (1998–2018)
Thomas Cook Hotels & Resorts
Thomas Cook Tour Operations (UK)
Tjäreborg
Spies
Neckermann
Neckermann Reisen
Öger Tours
Bucher Reisen
Air Marin
Ving
Thomas Cook Group plc was a global travel group, headquartered in the United Kingdom and listed on the London Stock Exchange from its formation on 19 June 2007 by the merger of Thomas Cook AG — successor to Thomas Cook & Son — and MyTravel Group[9] until 23 September 2019, when it went into compulsory liquidation. The group operated as a tour operator and airline, and also operated travel agencies in Europe. At the time of the group's collapse, approximately 21,000 worldwide employees were left without jobs (including 9,000 UK staff) and 600,000 customers (150,000 from the UK) were left abroad, triggering the UK's largest peacetime repatriation.[10][11]
After the collapse, segments of the company were purchased by others, including the travel stores in the UK, the airlines, the Thomas Cook name and logo, the hotel brands and the tour operators. Thomas Cook India has been an entirely separate entity since August 2012, when it was acquired by Fairfax Financial and thus was not affected.[12] In September 2020, Fosun International launched Thomas Cook Holidays as the successor to the company, hiring former Thomas Cook Group staff in the process.[13]
^"Thomas Cook's Leicester". Story of Leicester. Retrieved 19 December 2019.
^"Compulsory liquidation of Thomas Cook Group plc". Thomas Cook Group. Archived from the original on 23 September 2019. Retrieved 23 September 2019.
^Davies, Rob; Sweney, Mark (9 October 2019). "Thomas Cook stores buyer hopes to re-employ entire 2,500 workforce". The Guardian. London. Retrieved 9 October 2019.
^"Ving, Spies, Tjäreborg and Thomas Cook Airlines Scandinavia acquired by consortium". CAPA. 30 October 2019. Retrieved 9 November 2019.
^Nachiappan, Arthi (31 October 2019). "Norwegian Strawberry group and Altor swoop on Thomas Cook assets". The Times. Retrieved 10 November 2019.(subscription required)
^"Thomas Cook brand sold to Club Med owner Fosun for £11m". BBC News. 1 November 2019. Retrieved 2 November 2019. He said: 'The acquisition of the Thomas Cook brand will enable the group to expand its tourism business building on the extensive brand awareness of Thomas Cook and the robust growth momentum of Chinese outbound tourism.'
^Thomas, Daniel (1 November 2019). "Fosun acquires Thomas Cook brand assets for £11m". Financial Times. Retrieved 6 December 2019.
^ abc"Annual Results 2018" (PDF). Thomas Cook Group. Archived from the original (PDF) on 29 August 2019. Retrieved 22 April 2019.
^"Thomas Cook Key Dates". Hotel Nicolle. 23 September 2019. Retrieved 24 September 2019.
^Authority, UK Civil Aviation (22 September 2019). "Thomas Cook Group, including the UK tour operator and airline, has ceased trading with immediate effect. All #ThomasCook bookings, including flights and holidays, have now been cancelled". @UK_CAA. Retrieved 23 September 2019.
^"British travel firm Thomas Cook collapses, stranding 600,000 people abroad". CNBC. 23 September 2019.
^Gandhi, Forum (23 September 2019). "Why Thomas Cook (India) is not affected by Thomas Cook's collapse". Business Line. Retrieved 3 December 2019.
^Kleinman, Mark (7 September 2020). "Thomas Cook: Chinese owner plots relaunch in eye of pandemic storm". Sky News. Retrieved 27 April 2021.
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June 2007, the group merged with ThomasCook AG to form the ThomasCookGroup plc. The successor to MyTravel Group: ThomasCookGroup, entered Compulsory...
Swiss businessman, who was the chief executive officer (CEO) of the ThomasCookGroup from 2014 until its collapse in 2019. Born in November 1960, Fankhauser...
retailer of frozen ready meals ThomasCookGroup, a defunct British travel company The Cook, a 1917 animated Krazy Kat film The Cook (1918 film), an American...
in the Indian real estate market. On 28 August 2019, ThomasCookGroup announced that the group "had agreed the main terms of a rescue package that will...
with ThomasCookGroup to operate a fleet of at least six Boeing 757-200 aircraft during the winter 2010/2011 season. The deal with ThomasCookGroup followed...
known by its former names, the ThomasCook European Timetable, the ThomasCook Continental Timetable or simply Cook's Timetable, is an international timetable...
renamed to ThomasCook Aviation on 22 November 2018. Despite the collapse of parent company ThomasCookGroup on 23 September 2019, ThomasCook Aviation...
ThomasCook Airlines Balearics S.L. was a Spanish leisure airline that launched in 2017 and was previously owned by the ThomasCookGroup. After the collapse...
ThomasCook Airlines Belgium was a Belgian leisure airline owned by the ThomasCookGroup. It operated scheduled flights to destinations throughout Europe...
parent company, the MyTravel Group. The airline merged with ThomasCook Airlines UK Limited in 2008 and was renamed ThomasCook Airlines Limited. The airline...
it had purchased all stores from the travel agency ThomasCookGroup, another large travel group headquartered in the UK, which were assumed to be closed...
worldwide tours, albeit with small groups. His company, ThomasCook & Son (commonly called ThomasCook or simply "Cook's"), grew to become one of the largest...
1950)[citation needed] is the former interim Chief Executive Officer of ThomasCookGroup. He is a Swedish national. He was born in Sävsjö. He graduated from...
active travel schemes for local authorities. On 23 September 2019, ThomasCookGroup fell into administration, leaving more than 150,000 British tourists...
& Friends Thomas', a brand of English muffins and bagels in North America Thomas Built Buses, an American bus manufacturer ThomasCookGroup, a former...
through both its website and independent travel agents. In 2010, TUI Group and ThomasCook offered Jet2holidays deals through their own travel agent networks...