Revenues more than halved with firm not expecting normal bookings to resume until 2022
Tui, Europe’s largest holiday company, has sunk to a €3bn (£2.7bn) full-year loss, and said it does not expect bookings to return to normal until 2022.
The package tour operator reported revenues of €7.9bn (£7.2bn), a slide of 58% on the previous year, after the coronavirus pandemic and government restrictions halted most international travel.
