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Travel firm Thomas Cook to relaunch following its collapse last year

The Thomas Cook travel brand is close to being re-launched following the company's spectacular collapse last year that cost thousands of jobs.
 
However, the new firm will be online-only without the aircraft, hotels and shops of the old business.
 
The brand's owner, China's Fosun, wants to revive Britain's oldest travel firm within weeks to capture the start of the booking season for next summer.
 
The 179-year-old company collapsed under a mountain of debt, and sparked the largest ever peacetime repatriation to bring home 150,000 UK holidaymakers from abroad.


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