TUI Travel News
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TUI Travel
TUI statement reveals fall in winter demand - Tue. 29 Sep. 2009
A trading statement from TUI Travel today suggests that there are hopes a surge in last minute holiday bookings will counter a 13% year on year drop in winter bookings. The travel company, which is made up of Thomson Holidays and First Choice holidays, confirmed that the number of UK customers who have booked a winter break is 21% down on 2008.
TUI Wins UEFA 2012 Contract - Tue. 09 Jun. 2009
TUI Travel has won its fight to become the official accommodation agency for UEFA Euro 2012 in Poland and Ukraine. The European football championships are being held in the host cities of Kiev and Warsaw.
TUI Travel Trading Update - Mon. 11 May. 2009
TUI Travel PLC has today issued its first quarter results which relate to the first three months ending 31st March 2009. The organisation which includes Thomson holidays and First Choice holidays states that they are well placed to meet initial board expectations for the year ending 30th September 2009.
Tui Takes Stake In Air Berlin - Mon. 30 Mar. 2009
TUI Travel, Europe’s biggest travel company, has announced a strategic cooperation between TUIfly and Air Berlin. TUI will pay £26.5m for a 19.9% stake in Air Berlin as part of a cross-shareholding agreement.
TUI To Retain The Island Cruises Brand - Wed. 05 Nov. 2008
Following last month’s announcement that TUI Travel is to buy out Royal Caribbean's 50% share of Island Cruises, TUI has now confirmed that it will retain the Island Cruises brand for the 2009 season.
Royal Caribbean Sells Interest In Island Cruises - Tue. 07 Oct. 2008
Tui Travel has announced that it is to buy out Royal Caribbean’s 50% share of Island Cruises. Tui Travel, which already owns 50% of the Brighton based company, will integrate the business into its head offices in Luton. The decision ends months of speculation following last year’s merger between Thomson owned Tui UK Ltd and First Choice holidays.
First Choice Merger Reduces Tui Losses In 2008 - Wed. 07 May. 2008
Last year’s merger between Thomson and First Choice, resulting in the creation of Tui travel, has cut first-quarter losses for Tui as a result of the deal and seen turnover rise by 24% to €5.1 billion (£4bn).
TUI Travel Reduces First-Quarter Losses - Tue. 18 Mar. 2008
TUI Travel PLC have announced encouraging results in their first completed quarter as a fully merged business. The results for the 3 month period ending 31s December 2007 show a £73 million improvement in underlying operating loss , from £114 in Q1 07 to £41 million in Q1 08.
TUI Review Reveals Savings Target Increased to ?150 million - Tue. 29 Jan. 2008
TUI Travel PLC today announced the results of its 100 day review, providing an update on its strategy, setting a series of new objectives as well as announcing that it is upgrading its synergy target from £100 million to £150 million per annum.
TUI Eyes Further Acquisitions - Wed. 26 Sep. 2007
In a TUI Travel trading update, TUI Travel has claimed future acquisitions for the merged travel companies remain a “key priority”. The combined group of Thomson and First Choice purchased nine travel companies in the summer at a total cost of more than £81 million.
