Thomas Cook AG

This article is about the historical Thomas Cook AG until its merger with MyTravel Group. For the now defunct successor company, see Thomas Cook Group. For other uses, see Thomas Cook (disambiguation).

Thomas Cook AG was an Anglo-German, global travel group. The group had its headquarters in Rochdale, and sold products such as package holidays and flights through its 3 in-house airlines. On 19 June 2007, the group merged with MyTravel Group plc to form the Thomas Cook Group plc, which was listed on the London Stock Exchange.

Thomas Cook AG

Formerly	C&N Touristic AG (1997–2001)
Company type	Aktiengesellschaft
Industry	Hospitality Tourism
Predecessor	Thomas Cook & Son (1841–2001) C&N Touristic AG (1997–2001)
Founded	2001; 24 years ago (2001) (as Thomas Cook AG) 1997; 28 years ago (1997) (as C&N Touristic AG) 5 July 1841; 183 years ago (1841-07-05) (as Thomas Cook & Son Limited)
Defunct	19 June 2007; 17 years ago (2007-06-19)
Fate	Merged with MyTravel Group plc
Successor	Thomas Cook Group plc
Headquarters	Rochdale, England, UK
Products	Charter and scheduled passenger airlines, package holidays, cruise lines, hotels and resorts
Subsidiaries	List of subsidiaries

History

A Thomas Cook travel agency in Leeds

In 2001, Thomas Cook & Son was acquired by the German company C&N Touristic AG, which changed its name to Thomas Cook AG.^[1][2]

On 21 December 2005, Thomas Cook AG sold off Thomas Cook International Markets (a venture which includes 60% of the stake in Thomas Cook India Ltd) to Dubai Financial LLC, part of the Dubai Investment Group (DIG) which manages the financial and real estate interests of Sheikh Mohammed bin Rashid Al Maktoum, ruler of Dubai. Following this, Thomas Cook Overseas Limited (a wholly owned subsidiary of Thomas Cook UK) was sold off, this time again to Dubai Financial LLC.^[3]

Thomas Cook Canada was sold to Transat A.T. in 2006, marking Thomas Cook's exit from the North American market in terms of its own retailer.^[4]

On 12 February 2007, Thomas Cook AG announced that it had agreed terms on a merger with MyTravel Group to form Thomas Cook Group.^[5] The merger was completed on 19 June 2007.^[6]

Operations

Companies within Thomas Cook AG before merger with MyTravel Group plc

Name	Type	Country	Logo	Fate
Thomas Cook Tour Operations Limited	Tour operator	United Kingdom	Globe	Transferred to Thomas Cook Group (2007)[7] Entered Compulsory liquidation (2019)[8]
Thomas Cook Retail Limited	UK travel agent and website operator			Transferred to Thomas Cook Group (2007)[7] Entered Compulsory liquidation (2019)[9]
Thomas Cook Airlines UK Limited	UK Charter airline			Merged with MyTravel Airways to form Thomas Cook Airlines (2007);[7] entered Compulsory liquidation (2019)[10]
JMC Airlines Limited	UK Charter airline		Independent	Rebranded as Thomas Cook Airlines (2003)[11]
Thomas Cook Airlines Belgium	Belgian Charter airline	Belgium	Globe	Transferred to Thomas Cook Group (2007)[7] Sold to Lufthansa AG (2017)[12]
Thomas Cook Canada	Package holiday provider and Tour operator	Canada		Sold to Transat A.T. (2006) [4]
Thomas Cook International Markets	Travel agent and Package holiday provider	Worldwide		Sold to Dubai Financial LLC[3]
Thomas Cook GmbH	Package holiday provider	Germany		Transferred to Thomas Cook Group (2007)[7] Entered Compulsory liquidation (2019)[13]
Condor Flugdienst	German Charter airline	Germany		Transferred to Thomas Cook Group (2007);[7] provided with a bridge loan by the German Government after the collapse of Thomas Cook Group (2019)