TUI Group News Page 2
Tui Group plays down Mordashov connection
Alexey Mordashov, the largest shareholder in Tui Group, has been sanctioned by the European Union. By some estimates he is the second richest man in Russia.
TUI to boost holiday options from Glasgow Airport
TUI UK has confirmed the expansion of its holiday programme for summer 2022 from Glasgow Airport with increased frequency of flying to over nine different destinations.
TUI looks ahead to bright summer as restrictions lift
More than four times as many guests travelled with TUI in the first quarter of 2022 as in the same period last year, the company has revealed, as the travel rebound continues.
Tui launches summer sale to UK travellers
Tui has launched a ‘Live Happy’ sale on all summer holidays departing between May and the end of October next year. Thousands of trips are on offer now.
Tui Group remains in red but looks forward to 2022 recovery
Tui Group has reported a €2.4 billion loss for the financial year as it battles back from the Covid-19 pandemic. The figure is an improvement on losses of €3.5 billion seen the year before.
Tui Skyla takes to the water in Germany
The christening ceremony, complete with the traditional champagne smash, was officiated over by corporate captain, Marco Menke, and godmother, college exam officer, Catherine Hawkins.
TUI River Cruises unveils plans for summer 2023
Three new itineraries will be added to the sailings bringing the total number available for customers to choose from to 21, with a range of durations from three-14 nights.
TUI raises €1.1bn in latest rights offer
TUI has completed its second rights offering this year. The proceeds from the capital increase will be used to reduce the drawings on the KfW credit line and the banks’ cash facility.
Tui seeks to reposition with Europe-wide brand campaign
The work will relaunch the brand with a fresh brand identity for the post-pandemic world against a backdrop of travel restrictions easing across Europe.
TUI Group to raise €1.1bn in fresh capital
Tui Group has confirmed plans to issue new share capital valued at €1.1 billion as the battle to recover from the Covid-19 pandemic continues.
TUI Group expands Eurostar activities partnership
The agreement the strong and strategic growth in tours and activities, including a steadily increasing number of partnerships with high-profile European businesses.
Tui Group calls for loosening of restrictions as losses continue
Tui Group has reported a loss of €670 million for the third quarter of the year. However, the company has now resumed business activities in all European markets, with cashflow positive for the period.