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Equity issue will help pay off more than €4bn in state-backed loans taken during worst of pandemic
Tour operator narrows losses but quarantine extensions force capacity cut
Europe’s largest tour operator says rise in demand ‘clearly evident’ in recent weeks
Europe’s largest travel company says funds will bolster liquidity and help debt repayments
Carriers will need to raise more cash if summer is a write-off, warn analysts
Ocado sales surge, Tesla invests in bitcoin
Europe’s largest tour operator plans to run 80% of its normal programme this year
Travel group’s Berlin bailouts won’t be unwound quickly; Inchcape makes distribution its driver
Tour operator says demanding customers are inoculated before travelling is ‘a mistake’
Cineworld’s refinancing points to grim survival; Heathrow and high-end retailers battle VAT relief plans
Tui refuses to enrol 550 cabin crew employed on seasonal contracts in support scheme
Greek operators say they are being ‘punished’ for extending credit terms in a year they cannot afford to
Tour operator says stock will need to recover before company turns to markets
It will be wiser to accept the world has changed than hold out in hopes of a full recovery
Europe’s largest tour operator will operate at about 40% of last year’s levels
Tour group needs equity issue to steady ship; sunlight is no salve for undertakers’ ailments
German group also mulls rights issue and does not expect business to return to normal until 2022
Holiday operator to receive estimated €300m rebate to mitigate financial impact of stranded jets
Investors have every reason to be nervous about the travel company’s cash drain
When shopping resumes many customers will only be seeking to exchange pre-lockdown purchases for money
Revenues will be hard to come by with quiet destinations, poolside time limits and quarantine measures
German holiday company cannot expect to relax — but all is not lost
Tour operator plans to cut costs by 30% and ‘reinvent the holiday’
Beyond today’s grim reality, the sun could still shine on operator thanks to state backing
Many of the seafarers are citizens of India, which has imposed tight restrictions on travel into the country
International Edition