Recently，According to foreign media reports，TUI Group and the German government reached an additional rescue loan agreement of 1.2 188bet login (.4 billion)。

Announcement released by the company，According to existing agreement，188bet login’s loan limit from state bank KfW will increase by 10.500 million euros，Government Economic Stabilization Fund WSF will purchase 188bet login 1.500 million euro bond，This bond can be converted into company equity held by the government in the future。

According to Bloomberg，Government will get 188bet login 9.5% convertible bonds，Convertible bonds can trade at a price 40% lower than the stock market。However，The government agrees to invest but also requires some conditions from 188bet login，For example，Cancellation of shareholder dividends、Funds cannot be used to invest in other companies or pay salaries to the board of directors、Guarantee workers’ employment safety, etc.。

After new capital injection，TUI is better positioned to deal with continued winter decline and other impacts on future travel，The company currently has cash and other liquid assets of 2.4 188bet login。Since the outbreak of the new crown epidemic，The German government has allocated a total of 3 188bet login to TUI Group，Second only to the 9 188bet login in relief allocated to Lufthansa。

Not long ago，188bet login announced its financial report for the third quarter of fiscal year 2020 as of June 30。

Company name，Due to cost cutting measures in place，Loss contained in third quarter。Financial report display，Calculated based on underlying earnings before interest and tax (EBIT)，TUI Group lost 11 euros in the third quarter；Basic EBIT for the first three quarters was 2 188bet login，Includes €1.9 billion affected by COVID-19，Excluding the impact of the epidemic，Basic EBIT is -1.0.2 188bet login，With the same period last year (-1.9.9 188bet login), a big improvement。

But the good news is，Since the resumption of 188bet login activities in June，TUI’s new order quantity has reached 1.7 million，And bookings for summer travel products in 2021 are very hot，145% increase。

As the world’s largest 188bet login group，TUI’s business scope covers the entire 188bet login value chain，The company has more than 400 hotels and resorts、18 cruise ships、More than 150 medium and long-distance airlines、1600 travel agencies and many well-known European tour operator brands。Currently，Continuously expanding the hotel、Cruise、At the same time as destination activities and other core businesses，TUI is also stepping up its efforts to build its own digital platform，Said it is “transforming into a digital company”。

Financial report display，TUI Group’s revenue in fiscal year 2019 (ending September 30, 2019) was 19 billion euros，Operating profit is 8.9.3 billion euros。The company currently has more than 70,000 employees，Providing 188bet login products and services to 28 million tourists in destinations in more than 180 countries around the world every year，21 million of them are from European countries。