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| TUI Group raising EUR1.1 billion in fresh funding |
| Hannover, 06.10.2021 |
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| Travel company TUI Group said it would raise 1.1 billion euros ($1.27 billion) in equity to help pay down its pandemic debt, as it reported a jump in holiday bookings in late summer.
Germany-based TUI has taken on loans of over 4 billion euros and been bailed out multiple times by the German government after COVID-19 stopped holidays for much of last year and the beginning of this year.TUI said it expected an uptick in travel this winter given restrictions had eased and it was planning to operate 60% to 80% of its normal programme. By summer 2022 it expected volumes to have returned to pre-pandemic levels, it added.
odkaz na stránku |
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Address : Euro-Brew Ltd., Hlboká 22, 917 01 Trnava, Slovakia
Tel. : +421 33 53 418 53, Fax : +421 33 53 418 52, E-mail : info@eurobrew.sk |
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