Thomas Cook was nationalised???? Missed that one!
Why would a Chinese business be keen to lose money against FR/EZY/DY/LS taking white people to get a tan?
How are forward bookings looking? Unless new owner has VERY deep pockets they're about to have an existence threatening winter trading situation. Seriously, rose tinted memories of better days aside, who on Earth books with a company with this visibility in the news cycle? The only way back is to beat the other guys on PRICE and that won't get you through to the summer!