Half Year 2020 Tui AG Earnings Call Transcript
Good morning, ladies and gentlemen, and welcome to the TUI AG Conference Call COVID-19 Update and FY '20 H1 Results. (Operator Instructions)
Let me now turn the floor over to your host, Friedrich Joussen and Birgit Conix.
So thank you very much. Good morning, everybody. I hope you are well and healthy. This is important in these times. Thank you very much for joining in the Q1 -- Q2 results call, and I'm not a 100% sure that I understand who turns the pages. Are we turning the pages? Okay. Good. So we will be actually now turning to Page #4, please.
Undoubtedly, COVID-19 is the greatest crisis for tourism and TUI which has ever happened. And we were just in Q1 in full steam ahead. As you know, we -- in January was the best booking month in the year, up 14%, customers; 17% revenues for summer bookings. And then suddenly, mid-end March, stop, no revenue. I mean, this is unprecedented. And I think no revenue until today, it's an interesting experience also for myself to run a
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