TUI

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TUIG

Bankrupt Air Berlin targets September sale

Insolvent German airline Air Berlin hopes to complete its sale by September, the group's chief executive said, as government officials fended off accusations of favoring Lufthansa in the bankruptcy process.

"We want to settle the sale in September at the latest, otherwise customers' trust in the airline will vanish," chief executive Thomas Winkelmann told newspaper Bild am Sonntag.

Thomas Cook says recovery in Turkey and Egypt bookings continues

Britain's Thomas Cook said a visible recovery continues in bookings for Turkey and Egypt, although it echoed concerns raised by rival tour operator TUI over the market for travel by British tourists on May 18, saying that competition at home had slowed growth, Reuters has reported. 

German holiday bookings up 41 percent y-o-y

The German unit of European tour operator TUI said demand for summer 2017 bookings was "significantly" above the level seen at this point last year and that Germans were once again booking their holidays earlier.

"Many Germans who didn't go on holiday last year are booking especially early this year," Sebastian Ebel, head of TUI Germany, said in a statement on Thursday.

Turkish gov't set to extend fuel support for charter flights in 2017 in bid to boost tourism

The Turkish government's fuel support for charter flights will be extended in 2017 amid a continuing loss in foreign tourist arrivals, Turkish Culture and Tourism Minister Nabi Avcı has said.

At an event organized by the Mediterranean Touristic Hoteliers Association (AKTOB) on Nov. 25, he said a relevant cabinet decision would soon be released. 

Tui upbeat on Greek tourism prospects

European tour operator Tui expects to record an annual increase of 10 percent in the number of tourists it will bring to Greece throughout 2016 and has also decided to expand its cruise schedule to popular Greek destinations, the head of the company's media office for international markets, Bernd Hoffmann, told Kathimerini.

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