Should i be scared of thomas cook airline going under i have seen it in the media. Anyone give any more information?

Should i be scared of thomas cook airline going under i have seen it in the media. Anyone give any more information?

It's their airline that is for sale.
The actual travel company is ok.

Says:
"What about passengers?

"Since a number of investors have shown an interest in Thomas Cook's airline operations, it is likely the group will successfully sell them off. At that point, chances are, your tickets should be honored by the acquiring group. Whether it be Lufthansa, Virgin Atlantic, or a private holding company, they will likely keep your vacation plan intact."

Why would you be scared? Concerned, perhaps but certainly not scared.

read - https://thepointsguy.com/news/thomas-cook-airline-collapse/

Even if they do fail, your tickets will most likely be honored by other carriers.

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