TUI

TUI To Cut Jobs And Costs As It Prepares For July Holiday Restart

Travel group TUI will cut 8,000 jobs and look to shed 30% of its costs as it gears up for a July restart to European tourism, the German company...

TUI Cancels Beach Holidays Scheduled Up To May 14

Tour operator TUI has announced that all of its beach holidays scheduled up to and including May 14 will no longer operate due to the COVID-19 pandemic....

TUI Says Exceptional Holiday Bookings Will Help To Offset 737 MAX Woes

European travel company TUI has said that an exceptional number of holiday bookings will help to offset the Boeing 737 MAX grounding's impact on...

Grounding Of Boeing 737 Max Jets Hits TUI's Earnings

European tourism group TUI said that the grounding of Boeing's 737 MAX jets was a big burden as it reported a 46% decline in underlying quarterly core...

TUI's Quarterly Loss Widens As Long, Hot Summer Bites

TUI has said that its underlying loss has widened in its first quarter, days after the tour operator slashed its full-year forecasts due to an unusual...

TUI Cautions That Summer Heatwave To Dampen Holiday Demand

European travel and tourism group TUI Group said a summer heatwave in northern Europe would prevent it from beating its forecasts, falling in line with riv...

TUI Buys Hotelbeds Business To Sell Extra Activities To Holidaymakers

European tourism group TUI has expanded its business offering excursions and activities to holidaymakers by buying part of Spanish hotel room specialist Ho...

Europeans Won't Let Terror Spoil Their Vacations, TUI Chief Says

Europeans will carry on travelling largely as normal following this week’s terrorist attacks in and around Barcelona, according to TUI, the reg...

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TUI Sells Adventure-Travel Unit to KKR in Shift to Mass Market

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