Despite the Omicron virus variant, the Tui travel group is expecting strong summer business and wants to repay the first part of the state aid.
The plan is to return aid money from the Corona crisis of around 0.7 billion euros, Tui said when presenting the figures for the first winter quarter on Tuesday in Hanover.
"Demand for travel is high across all markets," said CEO Fritz Joussen.
"The way out of the pandemic is becoming increasingly clear."
In the first business quarter to the end of December, Tui achieved sales of 2.4 billion euros, around five times as much as in the first Corona winter a year earlier.
The bottom line is that the group was able to roughly halve its typical seasonal loss from 780 million to 384 million euros.
However, the minus was higher than analysts had expected on average.