12 July 2019:
Today Thomas Cook has announced that it is in advanced discussions with Fosun Tourism and our core lending banks to inject £750 million of new money into the business.
Under the plan our Tour Operator would be majority-owned by Fosun Tourism, our biggest shareholder and the owner of Club Med, with the Airline staying under the ownership of Thomas Cook Group plc. The Airline and Tour Operator will continue to work closely together, like they do today.
Holidays and flights will not be impacted and will continue to operate as normal. All of our holidays are still ATOL-protected, and you can book your holidays and flights with confidence.