TUI Group announced that it was suspending, in line with government guidelines, the vast majority of all travel operations until further notice.
All updates on TUI website.
“This temporary suspension is aimed at contributing to global governmental efforts to mitigate the effects of the spread of the Covid-19,” the travel giant said in a statement.
The company added that its executive board had decided to withdraw its 2020 financial year guidance and it would refrain from issuing new guidance under the current circumstances.
TUI said it would apply for state aid guarantees to support the business until normal operations are resumed.