In a trading update this morning (Tuesday) prior to entering its closed period ahead of reporting its full-year results for the 12 months ending 30 September, the German travel giant revealed some key financial updates, although said overall full-year 2020 Q4 cash outflow “remains as expected”.
In terms of markets and airlines, Tui said since restarting operations in mid-June with new hygiene protocols, it had carried 1.4 million customers on holiday, with an average load factor of 84% based on adjusted capacity.
It said though that over the last month it has been impacted by the continuous changes in travel advice by various governments across our markets.