Holiday giant Tui weighs up cash call from investors

Holidays giant Tui considering tapping investors for hundreds of millions of pounds By Jamie Nimmo, Financial Mail On Sunday Published: 21:56 BST, 16 May 2020 | Updated: 21:56 BST, 16 May 2020 Holidays giant Tui is considering tapping investors for hundreds of millions of pounds.  A major equity fund-raise is one of the options under … Read more

Aircraft maker Airbus and tour operator Tui reveal plans to axe staff

Travel lockdown triggers another 18,000 job cuts: Aircraft maker Airbus and tour operator Tui reveal plans to axe staff By Tom Witherow and Hugo Duncan for the Daily Mail Published: 21:50 BST, 13 May 2020 | Updated: 21:50 BST, 13 May 2020 Airbus and Tui are set to slash thousands of jobs as planes around … Read more

TUI will cut up to 8,000 jobs across the globe after losing £747m in 2020

TUI will cut up to 8,000 jobs across the globe after losing £747m in 2020 as chief exec says Covid is the ‘biggest crisis’ ever faced by holiday industry Anglo-German company said it was working to ‘reduce its cost base’ by 30%  Said this will affect 8,000 roles that will ‘either not be recruited or … Read more

Bosses at travel giant Tui under pressure to cut salaries after asking taxpayer to pay staff

Bosses at travel giant Tui under pressure to cut salaries after asking UK taxpayer to pay 11,000 of its staff By Tom Witherow For The Daily Mail Published: 21:55 BST, 12 April 2020 | Updated: 21:55 BST, 12 April 2020 Bosses at travel giant Tui were under pressure last night to cut their salaries and … Read more

Tourists quit dreadful Catalonia Punta Del Rey Tenerife Tui hotel just two hours into their stay

An outraged tourist decided to check out of his ‘dreadful’ Tui hotel just two hours into his stay, disgusted at finding exposed wiring and cracked tiling in his ‘filthy’ bedroom. Lee Parker, from Beccles, Suffolk, checked into the Catalonia Punta Del Rey in Las Caletillas, Tenerife, expecting a four-star hotel. However, he claims that when … Read more

Travel giant Tui suspends vast majority of travel operations

Tour operator TUI today suspended most of its operations until further notice due to the coronavirus pandemic as British Airways revealed it would slash routes by 75% and EasyJet announced further cancellations.  IAG, the owner of BA, said it would reduce capacity in April and May and its outgoing boss Willie Walsh would defer his retirement, … Read more