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Thomas Cook relaunches as online-only travel company a year after folding

Thomas Cook relaunched as an online-only travel company today – exactly one year after the famous travel company folded.

The 178-year-old brand now employs just 50 people and is selling no travel restriction beach holidays to Italy, Barbados and Greece.

Its collapse left 150,000 holidaymakers stranded overseas and saw 9,000 jobs axed last year.

Chinese firm Fosun Travel Group bought the company for £11 million last year which will sell holidays online and over the phone.

Alan French, Thomas Cook's new UK Chief Executive, insisted it won't charge customers if they're left stranded by Government rule changes.

He said: "We know Brits are keen to travel but feel nervous about safety and any changes to Government rules on quarantine. We are only selling destinations on the travel corridor list and all the hotels are flexible.

"We also won't charge customers a fee to change their holidays if Government rules change. Our new business will combine fantastic UK-based customer service with an updated operating model protected by Atol and with the backing of a multibillion-dollar organisation."

French, who was previously Group Strategy and Technology Director of the company, was one of the 9,000 staff who lost their jobs last September.

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He added: "What happened last year was a tragedy at a personal level for many thousands of my former colleagues, our business partners and of course our loyal customers.

"The resilience and affection still felt for the Thomas Cook brand reflects the huge commitment and professionalism of those former colleagues. We are very much in their debt and hope to have their backing as we look to take the brand into a new era."

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