The rumor mill is simmering again at the battered tour operator TUI. Apparently the management is in talks about further state aid after three billion euros have already been made loose by the federal government. Other means of raising capital are also conceivable.
Negotiations for the third injection of funds are currently underway. This is also urgently needed. Because the group would run out of money due to a monthly outflow of funds "in the low to mid three-digit million range" at the latest by Easter, like the news portal Travel before 9 reported. In the worst case, numerous hotels, airlines and other partners could also be dragged into ruin. The federal government wants to prevent this scenario.
In addition, TUI boss Friedrich Joussen does not want to rule out any further options. Partial sales of assets would be possible, which could also flush liquidity into the till. More or less specifically, these are hotels or properties that could be available. It may even boil down to corporate divisions. TUI could also bring some of the assets into real estate funds. The group could at least use this to maintain operational control over the properties. The positive news: there are many alternative options on the table.