{"id":237266,"date":"2020-11-11T06:58:34","date_gmt":"2020-11-11T05:58:34","guid":{"rendered":"http:\/\/www.travelreport.se\/?p=237266"},"modified":"2024-02-02T12:36:38","modified_gmt":"2024-02-02T12:36:38","slug":"tui-negotiates-additional-german-billion-euro-aid","status":"publish","type":"post","link":"https:\/\/www.travelreport.se\/en\/tui-forhandlar-om-ytterligare-tyskt-miljardstod\/","title":{"rendered":"Tui negotiates additional billion-dollar German aid"},"content":{"rendered":"<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"450\" height=\"271\" src=\"https:\/\/www.travelreport.se\/wp-content\/uploads\/2020\/10\/Skarmavbild-2020-10-22-kl.-06.36.04-e1603341448238.png\" alt=\"\" class=\"wp-image-237135\" srcset=\"https:\/\/www.travelreport.se\/wp-content\/uploads\/2020\/10\/Skarmavbild-2020-10-22-kl.-06.36.04-e1603341448238.png 450w, https:\/\/www.travelreport.se\/wp-content\/uploads\/2020\/10\/Skarmavbild-2020-10-22-kl.-06.36.04-e1603341448238-300x181.png 300w\" sizes=\"(max-width: 450px) 100vw, 450px\" \/><figcaption>Photo: TUI GROUP<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Two previous support packages totaling 3 billion euros have not been enough to deal with the coronavirus-triggered crash in travel demand, according to the news agency.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The money may be obtained from the German stabilization fund WSF in exchange for a combination of shares and hybrid capital, the news agency writes.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Neither Tui nor the German government has wanted to comment on the information.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Tui made a loss of 1.1 billion euros in the most recently reported quarter (March-June). The coffers have been burning through at a rate of 550-650 million euros per month. Last year, 23 million tourists traveled with Tui.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The travel company&#039;s shares traded up 7 percent in German stock trading on Tuesday, in line with the market rotation that has been underway against the losers of the pandemic since positive vaccine development data from Pfizer and Biontech&#039;s collaborative project was presented on Monday.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Source: Nyhetsbyr\u00e5n Direkt<\/p>","protected":false},"excerpt":{"rendered":"<p>Tv\u00e5 tidigare st\u00f6dpaket om totalt 3 miljarder euro har inte r\u00e4ckt till f\u00f6r att hantera den coronavirusutl\u00f6sta kraschen i efterfr\u00e5gan p\u00e5 resor, enligt nyhetsbyr\u00e5ns uppgifter. Pengarna kan komma att h\u00e4mtas ur den tyska stabiliseringsfonden WSF i utbyte mot en kombination av aktier och hybridkapital, skriver nyhetsbyr\u00e5n. Varken Tui\u00a0eller den tyska regeringen har velat kommentera uppgifterna. [&hellip;]<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[85,298],"class_list":["post-237266","post","type-post","status-publish","format-standard","hentry","category-travel-report","tag-flyg","tag-tui"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Tui f\u00f6rhandlar om ytterligare tyskt miljardst\u00f6d &#8211; Travel Report<\/title>\n<meta name=\"description\" content=\"Tui f\u00f6rhandlar om ytterligare tyskt miljardst\u00f6d \u2013 L\u00e4s senaste nyheterna fr\u00e5n resebranschen p\u00e5 Travel Report.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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