Fritz Joussen
Europe
TUI to cut 8,000 jobs globally
Travel giant TUI has announced plans to slash 8,000 jobs worldwide after reporting a group loss of EUR 740.5 million
China
TUI China relaunches domestic holidays
TUI China has resumed business operations, offering domestic tours for holidaymakers in China. Three months after the subsidiary had
Europe
TUI secures USD 1.98 billion loan from German government
TUI has received the approval of the German government for a bridging loan of EUR 1.8 billion (USD 1.98 billion)
Europe
Tours and activities M&A continues as TUI Group acquires tech start-up Musement
To strengthen its position in the excursions, tours and activities business, TUI Group has acquired the Italian tech start-up, Musement.
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