Fritz Joussen

Travel giant TUI has announced plans to slash 8,000 jobs worldwide after reporting a group loss of EUR 740.5 million (USD 802.7 million) in its second quarter results - a major hit…

TUI China has resumed business operations, offering domestic tours for holidaymakers in China. Three months after the subsidiary had to completely stop selling tours, the…

TUI has received the approval of the German government for a bridging loan of EUR 1.8 billion (USD 1.98 billion) from the KfW. The funds of Germany’s state-owned development bank are to…

To strengthen its position in the excursions, tours and activities business, TUI Group has acquired the Italian tech start-up, Musement.