Boeing 737 Max: Grounding could cost tour operator Tui €400m next year December 11, 2019 Tui has admitted the grounding of its fleet of Boeing 737 Max planes could cost up to €400m next year if it does not return to the skies by April. The world’s biggest tour operator said that if the global ban on the jet lasts beyond February next year it will not have time to [...]
British flight ban to Sharm el-Sheikh lifted, as airlines eye resort for summer 2020 October 22, 2019 British holidaymakers could soon have the chance to return to the popular Egyptian resort Sharm el-Sheikh, after the government lifted a ban imposed in 2015. Flights to the resort town were suspended after 224 people were killed by the bombing of a Russian airliner, which was linked to the so-called Islamic State group (Isis). Read [...]
Tui share price soars as rival Thomas Cook bites the dust September 23, 2019 Tui’s share price bumped up almost 10 per cent today after Thomas Cook fell into liquidation. Travel operator Tui saw shares rise just shy of 10 per cent before trimming gains to stand 7.7 per cent up at 903p in early trading as its rival collapsed under the weight of a £1.7bn debt mountain. Read [...]
Thousands of Boeing 737 Max flights booked despite lack of regulatory approval August 18, 2019 Airlines have sold tens-of-thousands of flights aboard Boeing’s 737 Max for the last few months of 2019, despite the fact the jet is still banned from the skies after two crashes killed 346 people. Tui, Norwegian and United Airlines have booked people on to more than 32,000 flights on the 737 Max 8 and 9 [...]
Best 25 stocks in the last tax year April 15, 2019 | City Talk By Graeme Evans from interactive investor. The FTSE 100 outperformed mid-caps last tax year, but the top FTSE 350 performers might surprise you. Take a look at the financial year ended on the 5th April, with the 25 top performing stocks in the FTSE 350 all producing gains of 40 per cent or more over the [...]
Lloyds Bank stars as FTSE 100 rockets in Q1 April 9, 2019 | City Talk By Graeme Evans from interactive investor. After a great first quarter for stock markets, we assess the best and worst blue-chips of 2019 so far. It’s been a storming start to 2019 for the FTSE 100 index, with popular interactive investor stocks including Lloyds Banking Group (LSE:LLOY), Next (LSE:NXT) and Tesco (LSE:TSCO) among those on [...]
Holiday experiences help travel operator Tui weather the heatwave storm December 13, 2018 Travel operator Tui has reported double-digit sales growth for the full year, as strong performance in hotels and cruises outweighed the impact of the summer heatwave and airline strikes. The figures Reported core earnings rose 10.9 per cent from €1.10bn (£990m) to €1.14bn. Revenues were up five per cent to €19.52bn. Profit before tax fell [...]
Tui Group share price leaps despite profit hit from Tunisia terror attack August 13, 2015 Shares in Tui Group jumped 7.5 per cent to 1,118p after results posted this morning showed a rise in profits – despite the terror attack in Tunisia and uncertainty over the Greek debt hitting its revenues. The figures Tui Group reported net income of €49.4m (£35.2m) in the three months to June 30, having made a [...]
Tui share price and Thomas Cook share price tumble amid Greek debt crisis July 6, 2015 Shares in London-listed holiday firms Tui and Thomas Cook tumbled today amid concerns travel will suffer due to the Greek debt crisis which has intensified as a result of last night's "no" vote. Shares in Thomas Cook closed down 4.85 per cent to 125.5p per share this afternoon while TUI's share price was 2.55 per cent [...]
Tui and Thomas Cook share prices tumble after Tunisia beach attack June 29, 2015 Shares in London-listed holiday firms have taken a tumble after the terrorist attacks in Tunisia on Friday which left more than 30 dead, many of them British tourists. Shares in the package holiday company Thomas Cook fell as much as seven per cent to 133.026 pence per share in early trading, recovering slightly to 139.93 [...]