TUI announces share sale to pay back German bailout Holiday group TUI has unveiled a capital increase to pay back elements of a German state bailout that it had received during the peak of … Business • 17 May
TUI expects bookings to rise towards 2019 levels TUI, the world's largest holiday company, is seeing a rise in holiday bookings towards pre-pandemic levels, the head of the group's German business told a … Business • 07 Mar
TUI says pent-up demand for holidays to steer recovery TUI's summer travel bookings were steadily approaching pre-Covid levels, the European holiday company said today, helping it return a portion of the German state aid … Business • 08 Feb
TUI expects travel to bounce back in summer 2022 TUI has today reported an operating loss of over €2 billion for its 2020-2021 financial year and said it may need to cut winter capacity … Business • 08 Dec 21
TUI says recovery underway as holiday bookings rise Holiday company TUI has said summer bookings jumped by 1.5 million since May, and it was confident in demand for the rest of its key … Business • 12 Aug 21
Holiday company TUI to raise up to €400m in bonds Holiday company TUI said today it was raising up to €400m through an issuance of convertible bonds, to improve its liquidity and help pay down … Business • 09 Apr 21
TUI trims its summer holiday capacity TUI touched the brakes on its summer holiday plans, lowering its capacity for July onwards to 75% of 2019's level from the previous level of … Business • 25 Mar 21
TUI to shut more shops in UK as travel crisis deepens Holiday company TUI said it would shut 48 retail stores across Britain, adding to the 166 it has already closed there during the pandemic. Business • 24 Mar 21
TUI sinks to €699m loss in Q1 on travel restrictions TUI Group, the world's biggest holiday company, needs a summer recovery to relieve pressure on its strained finances and is banking on vaccinated people going … Business • 09 Feb 21
TUI posts annual loss of €3 billion on pandemic impact TUI Group has today posted an annual loss of €3 billion as the pandemic choked travel demand and finances of the world's biggest holiday group, … Business • 10 Dec 20
TUI secures third bailout amid Covid-19 travel slump TUI has secured a third bailout, striking a deal with the German government, private investors and banks for an extra €1.8 billion as the world's … Business • 03 Dec 20
TUI examining all options to boost pandemic defences Travel group TUI is considering additional state aid, raising new equity and potential disposals to ride out the Covidv-19 pandemic, its chief executive said today. Business • 13 Nov 20
TUI in talks for extra state aid - sources Travel group TUI is in talks with the German government on an extra €1.5-1.8 billion in state aid as two bailouts from earlier this year … Business • 11 Nov 20
TUI reduces winter capacity, evaluates funding options Holiday company TUI said that it had reduced capacity for the coming winter season due to changing travel restrictions. Business • 22 Sep 20
TUI plans capital increase, Germany could help - source TUI is planning a share sale to raise up to €1 billion, as the world's largest holiday company looks to ride out the coronavirus-linked travel … Business • 17 Sep 20
Pandemic pushes holiday company TUI to €1.1bn Q3 loss TUI, the world's largest tourism company, sunk to a €1.1 billion loss in its third quarter. Business • 13 Aug 20
Travel company TUI to shut 166 stores in UK and Ireland Travel company TUI said it will shut 166 stores in the UK and Ireland in response to the downturn in travel caused by the coronavirus … Business • 30 Jul 20
UK travel stocks plunge after quarantine move on Spain London-listed airlines and tour stocks fell sharply this morning as Britain imposed a two-week coronavirus quarantine on travellers returning from Spain and said it was … Business • 27 Jul 20
TUI says holidays for some customers restart Germany-based travel company TUI said holidays for its German, Belgium, Dutch and Swiss customers had restarted following months of lockdown across Europe, and it had … Business • 16 Jun 20
Plans for full school return 'a surprise' - TUI Plans to get all children back to school full-time in late August or September are "a surprise", according to the General Secretary of one of … Coronavirus • 13 Jun 20
TUI cancels beach holidays until July 1 Travel operator TUI has cancelled all foreign holidays for tourists until July 1 due to the Covid-19 pandemic, sending shares in the German group down … Business • 29 May 20
TUI to make big cost cuts to survive pandemic hit European travel company TUI said that it needed to cut its fixed cost base by 30% and thousands of jobs would be lost as it … Business • 13 May 20
TUI cancels holidays for customers until mid-May TUI Group, Europe's biggest tour operator, said beach holidays for its customers would be cancelled until mid-May due to travel restrictions caused by the coronavirus … Business • 08 Apr 20
TUI to suspend most of its operations European holiday operator TUI has said it will suspend most of its operations, scrap its outlook and apply for state aid in response to the … Business • 16 Mar 20
TUI says strong holiday demand helps to offset MAX cost European travel company TUI said strong demand for holidays would help offset the impact of the grounding of the Boeing MAX aircraft on its annual … Business • 11 Feb 20
