German tourism sees a difficult year – TUI is also seeing good signs

German tourism sees a difficult year - TUI is also seeing good signs

There is reason to be convinced in many areas: “Israel is open. Incident in England is 30, with only a few deaths occurring. Trade is currently the highest in the United States and Canada.”

TUI again offered leave on Mallorca in March. Many German customers flew to Balearic Island. However, it was also criticized, especially since there is an extensive tourist stop at home. Joussen partially defended the inauguration in Spain: “If you board a plane to Mallorca, where there is less incident, then you have no greater risk of fingering to others when you were at home . “

The manager reiterated that it is not just more tests that are conclusive, but above all vaccinations. “We have to get vaccination coverage fast.” Supplies will also increase in the Federal Republic in April. “If everything does not go completely wrong, there may be a first phase in May or June that has more vaccination offers than those offering vaccinations in Germany.”

On the way to repay the first state aid, the issue of new convertible bonds should represent a possible early stage. The 5 percent interest rate achieved with that is quite satisfactory – making it easier to organize a company’s refinance. The first loan will be due in July 2022. “Now we can set an odor mark on how we can manage debt rescheduling.”

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