The German travel group FTI is clearly feeling the effects of the corona pandemic and, according to a media report, now needs state aid in the amount of 235 million euros. This is to be granted in the form of government-secured loans, reports the “Business Insider” portal.

The FTI Group is the third largest tour operator in Germany. In addition to the FTI brand, Sonnenklar.TV and Big Xtra are also part of the group. The turnover in the previous year was 4,1 billion euros. The financial resources to be made available to the tour operator come from the WSF fund of the Federal Republic of Germany. This is endowed with 600 billion euros and has already been used, among others, by the competitor Tui, but also by Lufthansa.