TUI sells German brands as quarterly profits slump
Dienstag, 13. August 2019
TUI / Christian Wyrwa
TUI CEO Fritz Joussen has sold off two German tour operators.
TUI has sold two German specialist brands for €100 million to reduce dependence on the ‘volatile’ tour operator business as Q3 profits were hit hard by the B737 Max grounding. Europe’s leading tourism group has sold Berge & Meer and Boomerang Re