Tui has reported a suspension on a large majority of its global travel operations. The move has been made in an effort to stem the spread of Covid-19.
This attempt includes package travel, cruise and hotel divisions “until further notice” and comes after the announcement of changes and cancellations to a lot of TUI’s worldwide programmes.
A statement realised by Tui said: “In this rapidly changing environment, the safety and welfare of our guests and employees worldwide remains of paramount importance.”
“Thus Tui Group has decided, in line with government guidelines, to suspend the vast majority of all travel operations until further notice.
“This temporary suspension is aimed at contributing to global governmental efforts to mitigate the effects of the spread of Covid-19.”
With the ongoing situation TUI have also said that they have decided to apply for state assistance during this difficult time: “We are taking substantial cost measures to mitigate the earnings effect,”
“Moreover, we have decided to apply for state aid guarantees to support the business until normal operations are resumed.”
