Tour operator FTI applies for state aid

Photo: Pixabay.
Photo: Pixabay.

Tour operator FTI applies for state aid

Photo: Pixabay.
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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.

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Jan Gruber is Senior Editor at Aviation.Direct. Before that, he had held the same position at AviationNetOnline (formerly Austrian Aviation Net) since 2012. He specializes in low-cost carriers, regional aviation in the DA-CH region and in-depth research.

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About the editor

Jan Gruber is Senior Editor at Aviation.Direct. Before that, he had held the same position at AviationNetOnline (formerly Austrian Aviation Net) since 2012. He specializes in low-cost carriers, regional aviation in the DA-CH region and in-depth research.

Nobody likes paywalls
- not even Aviation.Direct!

Information should be free for everyone, but good journalism costs a lot of money.

If you enjoyed this article, you can check Aviation.Direct voluntary for a cup of coffee Coffee trail (for them it's free to use).

In doing so, you support the journalistic work of our independent specialist portal for aviation, travel and tourism with a focus on the DA-CH region voluntarily without a paywall requirement.

If you did not like the article, we look forward to your constructive criticism and / or your suggestions for improvement, either directly to the editor or to the team at with this link or alternatively via the comments.

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