Given tough environmental conditions in the UK, the results were pretty solid. TUI Travel is delivering synergy savings and cost savings that will help it, though it still needs to rebuild credibility with investors.
NICK BATRAM | KBC PEEL HUNT
I think it’s been a pretty torrid year for it, but its statement is reassuring. Bookings in winter are up, and summer bookings are up as well.
KARL BURNS| SHORE CAPITAL
Even though the UK market has matured, TUI is able to consolidate its core markets. This year will be better for TUI than last year.