TUI swings to first post-pandemic profit with this summer ‘going very well’ despite deadly heatwaves

TUI swings to first post-pandemic profit with this summer ‘going very well’ despite deadly heatwaves

City A.M.

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Tour operator TUI said it had swung to profitability for the first time since the pandemic on the back of soaring summer travel demand, with underlying pre-tax earnings of €169.4m (£145.28m), up by €196.5m year-on-year. Third quarter group revenues surged 19 per cent on the prior year to €5.3bn (£4.55bn) which the company said was driven [...]

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