Certares-led Consortium Enters into an Investment Agreement with the FTI GROUP

-Agreement has been reached to invest up to € 125 million at the closing of the transaction to support next phase of growth -Acquisition of 100 % of the share capital from existing shareholders for € 1 -New capital funding for further investment in the business and digital transformation The FTI GROUP, the third largest […]

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fti

Dietmar Gunz hands over the baton of the FTI GROUP to a new management team

For the tourism industry, 2020 will go down in history as the year of the greatest challenges, enormous efforts and far-reaching upheavals. For the FTI GROUP, after the Corona-related streamlining of the company portfolio and the implemented structural measures last summer, the end of the year means a final reorganization of the top management before […]

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fti-touristik

FTI: Holidays in Crete from three German cities this summer

FTI Group, the third largest tour operator in Europe, will be handling German holidaymakers in Crete from mid-June until the end of October 2024. In particular, the tour operator will take holidaymakers from three German cities, Hanover, Berlin and Erfurt, to the Greek island with Corendon flights. A charter will depart from Hanover to Heraklion […]

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The move of FTI manager Jan Mayer to Alltours

FTI Group’s Chief Product Officer will be moved additionally to competitor Alltours Flugreisen as CEO. Jan Mayer will head the travel and commercial divisions of the tour operator. According to Alltours, Mayer will move to Düsseldorf on 1 June. In his new role as Managing Director, he will be responsible for flight and hotel purchasing […]

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fti-touristik

FTI: Negotiations with an international investor in the final stage

FTI GROUP, the third largest tour operator in Europe, enters into exclusive negotiations with an international financial investor with extensive experience in the tourism sector. The agreement provides for the FTI GROUP to receive new capital to further invest in the digital transformation of the company and to take on the financial obligations. All parties […]

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FTI: Progress in talks with investors | Complicated process | Revenues over €4 billion, up 10% | Positive outlook for 2024

FTI Group announced a 10% increase in turnover to €4.1 billion in FY22/23, compared to the previous year, with the group also planning double-digit growth for this year and the search for investors “also making progress”. The group, which has been in the spotlight due to concerns over its sustainability, presents its financial results and […]

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fti-touristik

FTI expects highly successful winter 2023/24

Intense travel experiences, new destinations and a greater variety of offers: this is what awaits FTI holidaymakers in winter 2023/24. An expanded portfolio of accommodation, optimal flight connections and newly designed round trips around the globe characterise the repertoire. There is already a particular demand for faraway breaks, especially in Thailand, but also in the […]

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tui

TUI Group returns first credit lines of around 700 million euros

TUI is well positioned for the post-Corona period and expects a stable business development for 2022, especially for the main months of the summer season. As announced and agreed, TUI is also returning the first part of the credit lines provided during the pandemic on 1 April 2022. The financial resources made available by the […]

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