TUI Announces Extension of Travel Suspension into May

TUI has extended suspensions to holiday and cruise programs around the world. Following the decision, TUI beach holidays travelling up to and including May 14th will no longer operate, while Marella Cruise holidays before May 31st have also been scrapped.

TUI River Cruise, due to launch last month, will now commence on the November 26th.

TUI blamed the collapse in global demand for travel and, specifically, a recent update from the Foreign & Commonwealth Office advising against all non-essential travel for the foreseeable future.

At the same time, KfW and TUI AG have confirmed the signing of the state aid bridging loan for €1.8 billion.

The loan had been committed by the German federal government on March 27th as part of the Covid-19 state support program.