Tui13 Aug 2020 08:52
Successful and responsible restart across our markets, reopening of over 50% of Group hotels worldwide and launching short cruises in Europe by August Well managed liquidity position, immediate reduction of cash costs by >70% to crisis mode levels Expect to be broadly operationally cash break-even for Q4 FY20 based on present restart operations Further liquidity secured with German government to support Winter 20/21 and thereafter