TUI Group has announced cutting 8,000 jobs in an effort to reduce costs amid the coronavirus crisis, even as stocks plummet farther.
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 […]
UK travelers to Crete are outraged at TUI for room-description muck-ups and downgrades.
British tour operator Thomas Cook has asked Greek hoteliers to renegotiate their package deals downward even more for summer 2019
In news from TUI Group, the company reports good financials for the start of 2017, with some loss from 2016. According to TUI, underlying EBITA rose by 17 per cent to a loss of €66.7 million in the period from October to December 2016, which was an improvement over the previous year.