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bailout

Short of Cash: TUI Solvency Threatens Hundreds of Greek Businesses

2020-11-14 by Phil Butler

News that Greek hoteliers are over a barrel because TUI AG has not yet to pay millions of euros to certain hotels, comes as little surprise.

Tags: bailout, bankrupt hotels, Greece, Greece hotels, Lufthansa, TUI, TUI Group, TUI losses, TUI profits, TUI stock

Germany’s Lufthansa Announces More Cutbacks and Layoffs

2020-09-23 by Argophilia Travel News

Lufthansa

Lufthansa Group just announced permanent, group-wide cuts on capacity and further reductions of personnel, due to the impact of the coronavirus (Covid-19) on travel.

Tags: airline companies, airline failures, airlines, bailout, COVID-19, COVID-19 response, German companies, Germany airlines, Lufthansa, Lufthansa Group

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Featured Stories

The Knossos Christmas Tree

Crete’s Priorities Problem: When Symbols Replace Stewardship

Cretan village mountain communities

Crete’s Tourism Boom Is Not Reaching the Mountains

Echoes of Blue

Echoes of Blue — A Love Letter to the Cretan Coastline

Cretan Christmas decorations

How Cretans Decorate Their Homes for Christmas

Christmas walks in Crete

Christmas Walks That Are Actually Safe in Crete

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Your go-to guide for foraging cretan horta

Stories of Interest

Crete New Year's Dive

Why Cretans Start the Year in the Sea

2025-12-28 By Manuel Santos

Why Cretans welcome the New Year in the sea. A look at the New Year’s Dive tradition in Crete, where it happens, and how to take part safely.

Vasilopita Event Heraklion January 4 2026

A Vasilopita with a Sacred Purpose Near Heraklion

2025-12-27 By Iorgos Pappas

A charitable Vasilopita event will take place on January 4, 2026, near Heraklion, supporting the completion of the Church of Saints Parthenios and Evmenios.

Rethymno farmers protest humanity

Rethymno Farmers Turn Protest Into a Community Table

2025-12-27 By Victoria Udrea

Livestock farmers in Rethymno staged a symbolic protest by boiling and sharing meat with citizens, and donating over one ton of meat to local soup kitchens.

The Unsmiling City and the Kallikantzaroi performance

Interactive Kallikantzaroi Children’s Performance in Neapoli on December 30

2025-12-27 By Argophilia Travel News

Interactive Kallikantzaroi performance by Katsimihas brothers’ story will take place at the Municipal Garden of Neapoli on December 30.

Heraklion drone show Christmas 2025

Heraklion Tested the Sky With Its First Drone Show

2025-12-27 By Kostas Raptis

Heraklion hosted its first drone show above the Venetian Walls with over 300 drones. The brief five-minute display drew crowds despite rainy weather.

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