TUI says summer holiday season can be saved

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The boss of Europe’s biggest holiday company thinks successful vaccine programmes can prevent another washout. …

In the past year, TUI has been forced to borrow billions from the German government just to stay afloat. But analysts have warned that in the wake of the crisis, the part-nationalised firm may struggle to compete against leaner rivals, as the industry reels from more than 12 months of international travel bans.

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