01-Jul-2022 12:35 PM
TUI AG on Friday confirmed it paid back €671 million in German government aid to the Economic Stabilisation Fund, as previously announced in May.
It now fully repaid ‘Silent Participation II’ but still has to pay back three o
24-Jun-2022 09:36 AM
Tui AG on Friday said it has picked Chief Financial Officer Sebastian Ebel as its new chief executive officer, with effect on October 1.
He will be replacing Fritz Joussen, who is stepping down from the Anglo-German holiday operator at the end
31-May-2022 03:52 PM
Tui AG subsidiary Tui Airways Ltd has cancelled nearly 200 flights due to serve Manchester Airport between now and the end of June as the chaos faced by UK holidaymakers worsens.
The airline made the announcement after passengers suffered long
18-May-2022 11:08 AM
TUI AG - Anglo-German tour operator - Raises €425 million gross from placing of 162.3 million shares at a price of €2.62 each via an accelerated bookbuild. The new shares represent 10% of the total outstanding before the placing. Fundraise
17-May-2022 06:00 PM
Tui AG on Tuesday unveiled plans for a capital raise in order to reduce the state aid it received during the pandemic.
The Anglo-German tour operator plans to issue up to 162.3 million shares, representing up to 10% of its share capital, as pa
11-May-2022 10:44 AM
Tui AG on Wednesday posted a sharp first half revenue jump, with the Anglo-German holiday operator's fortunes resembling pre-Covid times.
Tui shares were 3.2% higher at 223.99 pence each in London on Wednesday morning.
The leisur
05-Apr-2022 09:21 PM
Tui AG - Hanover, Germany-based leisure, travel and tourism company - Looks to focus on digitalisation and destinations as it recruits over 1,500 new employees. Company adds it expects summer 2022 bookings to return ‘close’ to normalized su
30-Mar-2022 07:38 PM
German travel and tourism giant Tui AG?said on Wednesday it is returning the first part of the credit lines of around €700 million provided during the pandemic on April 1.
Regarding its outlook, the company said it expects a stable busine
02-Mar-2022 04:56 PM
Russian oligarch Alexey Mordashov, the single biggest shareholder in the German travel group Tui AG, is leaving the firm's supervisory board in view of the EU sanctions imposed on him.
The company made the announcement on Wednesday, saying
12-May-2021 08:15 AM
Travel company TUI racked up a €1.50 billion first-half loss as the pandemic continued hammer the tourism sector.
The massive loss for the six months through March was deeper than a year-on-year loss of €815 million. Revenue slumped 89% to &eur
09-Apr-2021 07:36 AM
The management board of TUI AG will offer senior unsecured bonds convertible in an aggregate principal amount of approx €350 million, as the company seeks to patch up its liquidity position.
The company said there will be an option to increase the
09-Feb-2021 07:37 AM
Travel company TUI booked a deeper first-quarter loss as the global vacation market continues to struggle during the pandemic.
Losses for the three months through December amounted to €813.1 million, compared to year-on-year losses of €105.4 mi
10-Dec-2020 07:23 AM
TUI's revenue for the year ended 30 September fell 58% as a result of Covid-19 restrictions over the summer months, but the travel operator is taking measures to be "stronger, leaner, more digitalised".
According to its full year results,
22-Sep-2020 07:21 AM
Travel company TUI said summer bookings in its markets and airlines business were down 83% as the Covid-19 crisis continues to hurt travel markets.
The company said the division had restarted operations from mid-June and had since carried 1.4m customers
13-Aug-2020 07:23 AM
Travel company TUI has reported a drop of 98% in group revenues due to the suspension of its business for most of the quarter but said that since lockdown restrictions had eased, signs of customer demand were 'encouraging'.
In its quarterly sta
19-Jun-2020 08:40 AM
Barclays Capital today reaffirms its equal weight investment rating on TUI AG (LON:TUI) and raised its price target to 400p (from 260p).
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02-Jun-2020 08:50 AM
Berenberg today downgrades its investment rating on TUI AG (LON:TUI) to sell (from hold) and cut its price target to 350p (from 950p).
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14-May-2020 08:20 AM
Barclays Capital today reaffirms its equal weight investment rating on TUI AG (LON:TUI) and cut its price target to 260p (from 930p).
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13-May-2020 02:53 PM
Travel company TUI posted a deeper first-half loss after it was hit by the Covid-19 crisis and the grounding of Boeing's 787 MAX aircraft.
Net losses for the six months through March amounted to €845.8m, widening from losses of €289.1m.
R
12-May-2020 08:30 AM
UBS today downgrades its investment rating on TUI AG (LON:TUI) to sell (from neutral) and cut its price target to 110p (from 290p).
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30-Apr-2020 02:10 PM
Citigroup today reaffirms its sell investment rating on TUI AG (LON:TUI) and cut its price target to 125p (from 260p).
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20-Mar-2020 03:50 PM
HSBC today downgrades its investment rating on TUI AG (LON:TUI) to hold (from buy).
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12-Feb-2020 12:20 PM
Barclays Capital today reaffirms its equal weight investment rating on TUI AG (LON:TUI) and raised its price target to 930p (from 850p).
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11-Feb-2020 07:13 AM
Travel company TUI booked a first-quarter loss as the grounding of Boeing's 737 MAX aircraft continued to weigh during what is a traditionally quieter seasonal period for the European tourism sector.
Net losses for the three months through December
10-Feb-2020 10:40 AM
Goldman Sachs today reaffirms its sell investment rating on TUI AG (LON:TUI) and raised its price target to 10p (from 9.50p).
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