Pre-pandemic TUI was making a substantial profit and paying its shareholders about 400 million euros in dividends and servicing all its debt. Dividends have been suspended until the debt has been paid down. Assuming the world returns to some sort of normal the interest payments won’t be a problem. Furthermore, there is no debt due to be paid back until 2024. This is not like Thomas Cook who were just running flat out to stand still. However, if the world doesn’t return to normal all airline and travel companies will be in the same boat, trying to survive and waiting for better times.