Tour operator TUI posted a third-quarter operating loss, blaming higher costs related to air traffic disruptions across Europe
Incoming CEO sees stable demand in challenging environment, one of the world's largest tour operators, took a 75 million euros hit in the third quarter from flight disruption across Europe, pushing it to a loss on Wednesday.
"The whole system is still very fragile, and we have days with hardly any disruptions, and we have weeks and days with a lot of disruptions," Ebel, who is replacing long-time chief Friedrich Joussen in October, told journalists.The extra costs however come as demand holds up, with summer holiday bookings on track to reach near pre-pandemic levels in 2022. The group still expects to return to significant profits this year.
Airports across Europe have seen chaotic scenes in the past few months as staff shortages led to long queues and flight cancellations, while labour strife added to the travel sector's woes.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
‘Top Gun: Maverick’ surpasses ‘Titanic’ at all-time domestic box officeTom Cruise summer hit continues to break records.
Lire la suite »
Athletics can’t back up Cole Irvin’s strong night in a 1-0 lossOakland looked off balance all night as they muster only two hits against Angels’ Jose Suarez
Lire la suite »
Thongkinis Are the Major Swimsuit Trend Spotted on J Lo, Kim Kardashian and MoreThe thongkini swimwear trend has taken over summer 2022. From Hailey Bieber to Beyoncé, here are some of our favorite celebrity thong bikini looks.
Lire la suite »
Making Sense of the Trump RaidThe Mar-a-Lago raid will go down as a significant milestone in this country’s fraught history of post-presidential accountability. What can we glean from this development based on the limited information currently available to us? Ankush Khardori writes
Lire la suite »
Minors: Padres' Griffin Doersching off to strong start in rookie ballRounding up the action at the Padres’ minor league affiliates
Lire la suite »