Skip to content
CityAM
Main navigation
Sign Up
  • News
    • Latest News
    • Property
    • Media
    • Technology
    • Retail and leisure
    • Transport and infrastructure
    • Law & professional services
    • Legal Notices
    • Banking
    • Politics
    • CFA Institute Talk
  • Markets & Economics
    • Markets & Economics News
    • Economics
    • Markets
    • The Trend Micro Cybersecurity Knowledge Hub
    • Talk Crypto
    • M&A Talk
  • Crypto A.M.
    • Crypto News
    • Crypto Magazine
    • Crypto AM Summit & Awards 2022
  • Opinion
    • Features
    • Letters
    • The City View
  • Money
    • Jobs and Money News
    • Personal Development
    • Jobs
    • Fintech
    • Money
    • Personal Finance
    • 10 services and platforms to unlock your business’s potential
    • Warwick Business School
  • Unwind
    • Life & Style
    • Sport
    • The Punter
    • The Magazine
    • Travel
    • Sport Business
    • The Punter Podcast
    • The DiverCity Podcast
    • Culture
    • Six Nations 2023
    • LIV Golf
    • Aramco Team Series
  • Impact A.M.
  • Latest Paper
  • Jobs
  • CityAM Awards 2023
  • Charity

TUI AG

  • Tui reduces loss to £135m but warns of threat posed by soaring fuel prices and cost-of-living crisis

    Tui

    Travel firm Tui has posted a €153m (£135m) loss for the final three months of 2022 as the German company warned of potentially tougher times to come. The Hanover-based firm said the cost-of-living crisis could see demand for its holidays to fall as cash-strapped Europeans cancel trips abroad. Tui warned that the war in Ukraine [...]

  • Battle of package holiday makers: Jet2holidays overtakes Tui as top tour operator for first time

    Come fly with me

    Jet2holidays has overtaken Tui to become the UK’s largest tour operator for the first time. Data published by the Civil Aviation Authority shows Jet2holidays is licensed to provide package holidays to 5.9 million people in the year to the end of September. That is compared with 5.3 million for Tui. Jet2holidays will operate its largest summer programme this [...]

  • TUI open to new majority shareholder following resignation of sanctioned Russian billionaire

    NEW SHAREHOLDER

    TUI admitted it was looking for a new majority shareholder, 10 months after EU sanctions forced the resignation of Alexei Mordashov. Vladimir Putin ally and Russian billionaire Alexei Mordashov became a target of Europe’s sanctions against Moscow following Russia’s invasion of Ukraine in March 2022. The sanctions meant TUI was left scrambling for a new [...]

  • Train now pay later: Tui launches first fully-funded pilot training in UK

    December 15, 2022

    Tui has launched its first fully-funded cadet training programme in the UK, accepting up to 30 aspiring pilots from September 2023. The 19-month course will be entirely paid by the holiday group, which will later reclaim costs from pilots’ salaries for the first four years of employment. The deducted pay will be at £32,867 post [...]

  • Tui Group’s revenues take off as holidaymakers return to the skies

    December 14, 2022

    Tourism specialist Tui Group (Tui) has begun to show signs of recovery from the pandemic, recording a four-fold increase in revenues.

  • Package holidays boom shows no sign of abating as Tui enjoys surge in bookings

    September 20, 2022

    The post-pandemic boom in package holidays shows no sign of abating as giants such as Tui continue to enjoy high levels of bookings. The German operator said in a trading update published on Tuesday it would stick to its profitability forecasts following an uptick in summer and winter reservations.  TUI saw a travel revival this [...]

  • Tui pilots launch lawsuit over sick pay and changes to benefits

    September 4, 2022

    Tui pilots on sick leave have launched a lawsuit against the travel giant over changes to sick pay and pension benefits.  Eight employees took the airliner to the London High Court, claiming the carrier “concealed the true nature of the changes” included in a new sick pay plan, which was approved by staff in August [...]

  • Tui takes £63m hit from recent travel chaos after 200 flight cancellations in just two months

    August 10, 2022

    Holiday giant Tui has revealed a £63m hit from the recent travel chaos that crippled airports and led to flight cancellations and lengthy delays. The firm said its customers were impacted by about 200 flight cancellations in May and June, in particular due to woes at Manchester Airport amid staff shortages. Tui remained loss-making in [...]

  • EasyJet and Tui cancel flights ahead of school holidays and Jubilee Weekend

    May 28, 2022

    Airlines EasyJet and Tui have said they plan to cancel hundreds of flights in the coming weeks, in disruption that threatens to cause chaos over Britain’s Jubilee Weekend. Budget airline EasyJet today said is set to cancel more than 200 flights over the next 10 days, just days after IT issues forced the firm to [...]

  • TUI to reap profits in 2022 following summer travel boom

    May 11, 2022

    TUI expects to become once again profitable in 2022 due to the expected boom in summer travel demand. In the second quarter of FY22, the holiday group’s losses before interest and taxes narrowed to €329.9m, down 47.8 per cent on the same time last year, while group revenues went up 9.5 per cent to €2.1bn, [...]

Posts navigation

  • Page 1
  • Page 2
  • Page 3
  • …
  • Page 7
  • Next

Trending Articles

  • Explainer: What's an AT1 bond - and why are Credit Suisse's now worthless?

  • First Silicon Valley Bank, then Credit Suisse, and now Signature Bank is bought out for £2.2bn

  • Credit Suisse weighs up survival options as 167-year-old bank faces pressure to merge with rival UBS

  • Explainer: Why Waitrose is no longer the jewel in the John Lewis crown and how the group's future may lie in property, not produce

Subscribe

Subscribe to the City A.M. newsletter to have our top stories delivered directly to your inbox.

Subscribe
  • About us
  • Advertising
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • News
  • Markets & Economics
  • Opinion
  • Jobs and Money
  • Unwind
  • Crypto A.M.
  • The Punter
  • COP 26
  • Awards 2023

Follow us for breaking news and latest updates

  • Newsletters
  • Latest paper
  • Advertising
  • CryptoAM.io
  • Awards
  • About
  • Tickets
Copyright 2023 City A.M. Limited