Fosun to get Thomas Cook flying again
Will Thomas Cook again run flights to Cyprus?
It’s possible. The Shanghai-based Fosun International, a conglomerate worth about $100 billion in assets, acquired the assets and brand of Thomas Cook in November 2019 for $11 billion.
Some time ago, Fosun announced that it would bring Thomas Cook back to life, but it was only on Monday that the Civil Aviation Authority granted the revived London-headquartered Thomas Cook Tourism (UK) Company Limited an Atol for an initial 364 passengers.