City AM
City AM
UK · 11 mins ago

Tui hit by Middle East travel chaos and rising fuel costs

Tui has suffered a slip in earnings at its airlines business as the Iran war continues to wreak havoc on global tourism routes and spike fuel prices. The Frankfurt-listed group, which is the world’s largest travel and tourism firm, swung to a €17m loss in its airlines arm in the six months to June, reversing…
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