Fritz Joussen

7 results

Tui is counting on a surge in bookings to revive cash flows after suffering a €1.3 billion loss in the first half through March. Photograph: iStock

Tui said it is more optimistic about a European tourism rebound spurred by looser travel curbs and diminishing rates of coronavirus infection, even as(...)

Photograph: Focke Strangmann/EPA

TUI stuck with plans to offer four-fifths of its usual holiday programme this summer, betting on a surge in demand from Britain to fill hotel rooms as(...)

The holiday giant TUI has revealed it slumped to a€3 billion  annual loss and is ramping up cost cutting as it warned bookings will not recover fully until 2022. Photograph: Martin Rickett/PA Wire

TUI Group on Thursday posted an annual loss of €3 billion as the pandemic choked travel demand and finances of the world’s biggest holiday group, forc(...)

The world’s biggest package-holiday company is seeking to offer more local breaks in the hope of encouraging a revival in tourism before the end of summer

Travel group TUI said it could eliminate as many as 8,000 jobs to cut costs and slim down its business as people travel less and favour different loca(...)

Tui is the world’s largest tour operator. Photograph: iStock

Tui, the world’s largest tour operator, has received approval for a €1.8 billion loan to help it survive an almost total shutdown of its operations, i(...)

Fritz Joussen, chief executive of TUI AG. Photograph: Simon Dawson/Bloomberg

TUI AG wants to safeguard the jobs of 700 of its employees who work aircraft leased to ailing Air Berlin and isn’t interested in rescuing the insolven(...)

TUI AG, Europe’s largest tour operator and owner of Ireland’s Falcon Holidays, said demand for summer vacations in Turkey tumbled about 40 per cent following a suicide bombing at a tourist attraction in Istanbul last month. (Photograph: Rui Vieira/PA Wire)

TUI AG, Europe’s largest tour operator and owner of Ireland’s Falcon Holidays, said demand for summer holidays in Turkey tumbled about 40 per cent fo(...)