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Grounding the Boeing 737 Max will hit profits at German travel company TUI. Europe’s largest tour company said Friday that its 2019 earnings would be reduced by €200 million ($225 million ...
Europe’s biggest travel agent Tui will wait until the end of the month before deciding whether to abandon flying Boeing’s 737 Max aircraft over the summer and implement costly contingency plans.
Tui stock plunged by about 10% on Friday morning after the travel group said it was bracing for a €200m (£172m) hit if it was forced to keep its Boeing 737 Max planes grounded for the next few ...
Tui, the world’s biggest travel agent, has shocked investors by warning of a crippling €300m (£259m) hit from the grounding of Boeing's 737 Max planes. The Anglo-German company, which has an ...
LONDON (Reuters) - European travel company TUI <TUIGn.DE> <TUIT.L> said an exceptional number of holiday bookings would help offset the impact of the Boeing 737 MAX grounding on its annual profit ...
Holiday operator Tui has reached a compensation deal with Boeing that includes slower delivery of the aircraft maker’s grounded 737 Max planes, bolstering its balance sheet during the ...
Europe’s largest tour company says its profits will take an extra $112 million hit unless it can be certain that Boeing’s 737 Max will start flying again soon. TUI (TUIFF)was forced to lease ...
TUI has reached a deal with aircraft manufacturer Boeing to compensate it for the grounding of the 737 MAX aircraft. While details of the agreement are confidential, TUI said it provides ...
BERLIN (AP) — European travel operator TUI Group warned Friday that its profits this year could be a quarter lower than anticipated as a result of the grounding of Boeing 737 Max jets.
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Tui, the world’s largest tour operator, will keep faith with the Boeing 737 Max aircraft — if they are ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Anglo-German travel group Tui has suffered hefty losses at its airline division because of the grounding of ...
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