TUI continues to ply the choppy waters of Summer vacations bliss in 2021. Meanwhile, the company’s liquidity seems in question over COVID.
TUI stocks
Why Isn’t TUI Already Sunken To the Bottom of the Deadpool?
TUI stocks have now bottomed out as the Anglo-German travel firm staggers under the weight of a pandemic. So why is the group still afloat?
TUI Group’s Fritz Joussen Proclaims Company “Future Proof”
TUI Group CEO Fritz Joussen proves once and for all his company could care less about sustainability, people, or future other than dividends.
Greece Officials Showing Off in TUI Dog & Pony Show
Greece seems to be caving in to pressure from German tour giant TUI to forge through a COVID 2nd wave and create off season bookings.
Was the TUI Deal a Bad Pandemic Bargain for the Greeks?
Many people are now convinced that Greece should have stayed shut to outside tourists until the coronvirus pandemic passed.
TUI Group to Cut 8,000 Jobs as Stocks Plummet Farther
TUI Group has announced cutting 8,000 jobs in an effort to reduce costs amid the coronavirus crisis, even as stocks plummet farther.
TUI Pushing Hard for Early Tourism Invasion of Greece
This week in Greece, citizens are emerging from a weeks long lockdown. Meanwhile, TUI and other big travel businesses push ahead hard.
TUI Temporarily Quits Operations Over COVID-19 Pandemic
TUI has temporarily suspended most of its travel operations due to the Covid-19 pandemic. Company spokespersons say the move is a “compliance” and “industry adjustment” move. The news comes as the whole industry is in a state of shock as to “next moves.” TUI is on a shortlist of companies investing gurus say may be […]
TUI Acquires Underwater Magic Life Assets
TUI Travel PLC just announced today their reaching an agreement with TUI AG and subsidiary Magic Life to acquire six companies Magic Life leases and manages through.
TUI Travel Gains Confidence and Russian Investment
Russian billionaire steel tycoon Alexei Mordashov has increased his stake in German tourism group TUI. Mordashov raised his stake to above 20 percent from just above 15%. The transaction was made via his S-Group holding company. In TUI’s latest corporate documents, it is clear the company intends massive expansion into the Russian Federation.