Tag: package

emirates

Emirates Holidays: strong reaction to 25% honeymoon cost increase

Editor Alexaki78Leave a Comment on Emirates Holidays: strong reaction to 25% honeymoon cost increase

Emirates Holidays is causing confusion, as it announces a 25% cost increase for the honeymoon package. In particular, a tour operator is reacting to the cost increase, as the announcement is made one week after the booking is confirmed. The Personal Holiday Advisor said he was told the return flight was no longer available, so […]

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tui

TUI AG reaches agreement with German Federal Government on additional stabilisation package of €1.2 billion

money-tourism1031Leave a Comment on TUI AG reaches agreement with German Federal Government on additional stabilisation package of €1.2 billion

TUI and KfW have agreed to increase the existing KfW tranche by €1.05 billion. The drawing of this amount is subject to (i) the issuance of a Convertible Bond to the Economic Stabilization Fund (WSF) in the amount of €150m and (ii) a waiver by the bondholders of the Senior Notes due in October 2021. […]

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