All TUIfly articles
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NewsEC clears Germany to provide TUI with up to €1.25 billion
Germany’s plan to contribute up to €1.25 billion ($1.53 billion) to TUI’s recapitalisation has been approved by the European Commission, which says the Hannover-headquartered group is facing “a risk of default and insolvency”. The state recapitalisation includes a €420 million silent participation, convertible into shares, by German government fund ...
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In depth
How many jobs have Europe’s airlines cut in 2020?
Tens of thousands of jobs have been lost in Europe’s airline sector since the crisis began, as carriers seek to reduce cash burn and ‘right-size’ for the eventual recovery in demand.
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News
Pandemic pushes TUI to €3 billion full-year loss
European travel operator TUI Group has reported a full-year EBIT loss of €3 billion ($3.6 billion), but is confident that 2021 will be a “transition year” for tourism with pre-pandemic levels expected to return in 2022.
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News
TUI secures third government bailout since April
TUI is set to receive a €1.8 billion ($2.2 billion) financial support package from German government fund WSF, largest shareholder Unifirm and a consortium of banks, aimed at securing the tourist group’s operation amid the coronavirus crisis.
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News
Union conflict erupts at TUIfly over restructuring plan
Management at German leisure carrier TUIfly and pilot union Vereinigung Cockpit are blaming each other for a breakdown in talks about restructuring measures amid the air transport crisis.
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News
TUI brings down winter capacity as short-term booking trend persists
Leisure company TUI Group has further cut its winter capacity, to around the 40% level, as it laments the uncertainty over travel restrictions to which it attributes a persistent trend for short-term bookings. TUI had stated in August that it was reducing capacity for the winter 2020-21 season by ...
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News
TUI revenues all but wiped out for June quarter
European travel operator TUI Group incurred an operating loss of €1.1 billion ($1.3 billion) for the three months ending 30 June 2020 as revenues were down more than 98% on the same quarter last year.
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News
TUIfly returns more than half its 737s to service
German leisure carrier TUIfly has reactivated more than half of its fleet since restarting regular flights on 15 June.
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News
TUI adopts ‘partner-friendly’ airline strategy amid Condor speculation
TUI Group’s ambition to have fewer assets on its balance sheet means its airline operations will become more “partner-friendly”, according to the European travel giant’s chief executive. Speaking to German newspaper Borsen-Zeitung on 5 August, Fritz Joussen states that TUI’s need for capacity does not mean “that aircraft ...
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News
TUIfly set for difficult talks as it bids to halve fleet
German leisure operator TUIfly is to embark on union discussions to reduce the airline’s fleet, pointing out that over-capacity meant it was unable to achieve adequate load factors even before the coronavirus crisis. TUIfly is intending to halve its fleet of 39 aircraft, cutting crew, technical and administrative positions. ...
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News
TUIfly plans job and fleet cuts: union
German leisure carrier TUIfly intends to cut around 700 jobs and approximately halve its fleet in response to the coronavirus crisis, according to pilot union Vereinigung Cockpit.
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News
TUI rejigs 737 Max deliveries as part of compensation deal
Leisure giant TUI Group is has rejigged Boeing 737 Max deliveries to reduce the intake over the next few years, under a broad agreement with the airframer to compensate for the type’s grounding. TUI Group says it has revised the delivery schedule for the 61 Max jets on order, ...
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Interview
TUI aviation chief on 737 Max and Thomas Cook
For the chief executive of aviation at European leisure group TUI, seeing competitor Thomas Cook exit the market earlier this year was a double-edged sword.
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News
TUIfly plans for spare capacity after last year's 'summer chaos'
TUIfly is planning to have 5% spare capacity during the summer this year, after suffering disruption during the high season in 2018.
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Analysis
ANALYSIS: Airlines target post-Air Berlin Majorca market
Deriving its name from the Latin “insula maior” or “larger Island” Majorca has certainly loomed large in the sights of Europe’s airlines since Air Berlin signalled its withdrawal from the market last year.
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News
Laudamotion to launch Tegel base amid intensifying competition
Laudamotion will open a new base and operate 17 routes from Berlin Tegel this summer as part of its co-operation with new investor Ryanair.
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Analysis
ANALYSIS: Laudamotion network built on Niki foundations
When IAG disclosed its plan to acquire Niki in December 2017, the group's chief executive Willie Walsh described the Austrian carrier as the "most financially viable part of Air Berlin".
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News
Ryanair to enter Tegel and Dusseldorf markets
Ryanair is set to compete directly with EasyJet, Germania and Eurowings on services from Tegel to Palma de Mallorca this summer, after disclosing its first-ever routes from the Berlin airport.
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Analysis
ANALYSIS: How airlines alter tourist capacity after terror events
The terror incidents in and around Barcelona in mid-August left another of the region's destinations reeling from attacks targeted at locations popular with tourists.
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Analysis
ANALYSIS: Scrapping of Niki-TUI plan piles pressure on Air Berlin
So, TUI and Etihad have abandoned their plan of merging TUIfly with Niki – an Austrian unit of Air Berlin, in turn part-owned by Etihad – to form a European leisure carrier. And the party most affected is Air Berlin.
