-Presiding Committee of the Supervisory Board proposes successor at the top of the Group to the TUI Supervisory Board -With CFO Sebastian Ebel, an experienced tourismmanager who was successfully responsible for the group’s growth areas before Corona is to move to the top -Mathias Kiep to succeed Sebastian Ebel as Chief Financial Officer -Dr Dieter […]
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A letter about the Russian invasion in Ukraine, but also for the shareholder of the TUI group Mordashov, was sent to its associates, by the CEO of the group Fritz Joussen. TUI Group CEO Fritz Joussen, explains that he is overwhelmed by the situation in Ukraine, emphasizes that the shareholder Mordashov is not involved in […]
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Last year was marked by transition: after a period of standstill, airlines, hotels and tourism companies made a successful new start. What has changed for TUI as a result of the pandemic? CEO Friedrich Joussen explains what is new, what remains – and why there are good reasons for optimism. The interview How does TUI […]
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Fritz Joussen, CEO of TUI AG, is participating in the capital increase resolved at the Group’s Extraordinary General Meeting on 5 January 2021. He exercised 500,000 subscription rights and thus acquired approximately 431,000 new shares. Joussen had previously sold shares (300,000) and subscription rights (100,000) on the market, among other things to finance the exercise […]
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Greece is the second most important destination for the TUI Group. The world’s leading tourism group has been present in Greece for more than 40 years. The country is in the core of TUI’s global growth strategy in all business fields, with regard to hotels and cruises as much as much as for TUI’s tour […]
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Fritz Joussen has become the sole chief executive of Tui AG after Peter Long was elected as a new supervisory board member. The decision was confirmed at the company’s annual general meeting in Hanover earlier today. Until December 2014, Long was chief executive of Tui Travel Plc, Tui’s tourism subsidiary created through the merger between […]
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TUI will maintain its investment plans and financial targets this year despite the impact of terrorist attacks in holiday destinations, CEO Fritz Joussen declared. The TUI boss described Tuesday’s terror attack in Istanbul as “critical” for Turkey as a holiday destination following the attacks in Egypt and Tunisia in recent months. “We have a situation […]
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2,800 employees from eight TUI companies under one roof Communication: TUI Campus strengthens personal exchange between employees Flexible ways of working: TUI Campus offers a variety of workplaces from soundproof meeting rooms to co-working spaces Sustainability: photovoltaics, e-charging stations and numerous energy efficiency measures make the TUI Campus greener and reduce emissions TUI Group today […]
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• TUI almost breaks even in Q3 2022 despite additional costs of 75 million euros for disruptions in air traffic – without additional costs clearly in the profit zone: adjusted EBIT 48 million euros (with expenses for additional costs -27 million euros) • Growth segment Holiday Experiences with clear positive underlying EBIT of 122 million […]
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As announced, TUI has again repaid state aid from the Corona programme and also further reduced its credit lines. On June 30, 2022, Silent Participation II of 671 million euros was repaid in full, plus interest due, to WSF (Economic Stabilisation Fund). The repayment was made with the proceeds from the successful capital increase in […]
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