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TUI said it expected the trend of late or last-minute bookings to continue for the winter holidays

TUI says winter bookings at 78% of pre-pandemic levels

Holiday group TUI has today stuck to its forecast of returning to profitability this year and said winter bookings stood at 78% of pre-pandemic levels.

Business • 20 Sep 22

The increase for secondary school teachers will be backdated to 1 February, 2022

Teaching unions welcome 'overdue' return of allowance

Secondary school teachers appointed since February 2012 are to see the value of a previously withdrawn allowance restored.

Education • 05 Sep 22

TUI said its summer bookings were close to pre-pandemic levels

TUI says flight disruption costs weigh on Q3 results

TUI, one of the world's largest tour operators, took a €75m hit in the third quarter from flight disruption across Europe, pushing it to a loss.

Business • 10 Aug 22

TUI has increased the number of employees involved in its customer support

TUI says schedule unaffected by staff shortages

Travel group TUI said today its flight schedule and plans for additional reserve planes at peak times remain unchanged despite staff shortages across the aviation industry.

Business • 28 Jun 22

Friedrich Joussen has been CEO at TUI for almost 10 years

Holiday group TUI's CEO to step down

TUI said today that Friedrich Joussen was stepping down as chief executive officer at the end of September after helming the world's largest holiday group for nearly a decade.

Business • 24 Jun 22

The company will issue up to 162,291,441 new shares

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 the Covid-19 pandemic.

Business • 17 May 22

TUI last month said summer holiday bookings were approaching pre-Covid levels on pent-up demand

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 newspaper.

Business • 07 Mar 22

TUI said that 3.5 million customers had booked a trip for summer 2022 - 72% of the levels seen during the same time in 2019

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 it received to weather the pandemic fallout.

Business • 08 Feb 22

TUI has posted an annual loss of over €2 billion as Covid-19 curbs dominated the better part of its financial year

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 as the Omicron coronavirus variant overshadows hopes of a rebound next summer.

Business • 08 Dec 21

For this summer, it said it currently had 4.2 million bookings

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 season, helping to ease pressure on finances which have been hammered by the pandemic.

Business • 12 Aug 21

TUI is hoping for a summer pick-up in travel to help repair its balance sheet

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 debt taken on to survive the pandemic.

Business • 09 Apr 21

TUI is banking on a big travel rebound this summer to restore its battered finances

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 80%, as Europe's peak travel season hangs in the balance.

Business • 25 Mar 21

Travel company TUI has already closed 166 stores in the UK due to the Covid-19 pandemic

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 said it cut its monthly cash outflow to €300m from an expected level of €400-450m

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 abroad in the peak months despite tightening travel restrictions.

Business • 09 Feb 21

TUI's annual revenue came in 58% lower at €7.9 billion

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, forcing it to seek multiple bailouts from the German government.

Business • 10 Dec 20

TUI lost €1.1 billion in the second quarter after the Covid-19 pandemic brought global travel to a halt

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 largest holiday company tries to ride out the coronavirus-linked travel slump.

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 has already received a total of €3 billion of state-backed loans in two tranches this year from the German government

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 have not been enough for company to cope with the coronavirus travel slump.

Business • 11 Nov 20

TUI has reduced capacity for the coming winter season due to changing travel restrictions

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, the world's largest holiday company, is trying to survive the coronavirus-linked travel slump

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 slump, people close to the matter said.

Business • 17 Sep 20

The company resumed holidays again in mid-June.

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

TUI is to shut the stores in response to the downturn in travel caused by Covid-19

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 pandemic, in a move which could lead to some job losses.

Business • 30 Jul 20

TUI, Europe's biggest holiday company, said on Sunday it had decided to cancel all holidays to mainland Spain up to and including August 9

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 watching cases in Germany and France closely.

Business • 27 Jul 20

TUI operated two flights between Germany and Mallorca in Spain yesterday

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 seen a rise in bookings from those countries.

Business • 16 Jun 20

The TUI says teachers should be treated like any other workers and they need to be able to carry out their work safely

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 Ireland's secondary school teachers unions.

Coronavirus • 13 Jun 20