The travel company Tui is receiving government aid in the billions from the Federal Republic of Germany. The existing loan, which was granted by the federally owned credit institution for reconstruction at the beginning of the corona crisis, has been increased by 1,05 billion euros.

Another 150 million euros will flow into the company through the Economic Stabilization Fund (WSF). To this end, a convertible bond will be issued, which the WSFZ will subscribe to. This can be converted into shares, so that a stake of around nine percent can arise.

In April 2020, Tui received a state-secured KfW loan of 1,8 billion euros through a bank consortium. This has now been increased significantly. Tui wants to use the funds to get over the winter in particular and to secure itself in the long term. The group is under criticism due to the fact that 8.000 jobs are to be cut worldwide. The fleet of the German Tuifly is to be halved and up to 900 jobs are to be cut.