Package holiday company TUI has reported high demand for holidays and 1.5 million additional bookings for summer 2021 since May. As a result, TUI has reported a return to positive cashflow before financing of €320 million in its third financial quarter – positive again for the first time since the start of the pandemic. TUI also reports successful refinancing measures, with loan maturities of €4.7 billion extended until summer 2024. TUI CEO Fritz Joussen said: “Customer demand and booking momentum are high as soon as travel restrictions are withdrawn. The figures for the start of the summer business are encouraging.

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In
   
Forgot password? Click here to reset
New User? Click here to register