TUI Group Profit Falls On Iran War Impact

TUI Boeing 737-8

TUI Boeing 737-8.

Credit: Boeing
Leisure company TUI Group said its quarterly profit was impacted by the Iran war but noted an improvement in booking trends in its airlines and markets division in recent weeks. The overall group achieved underlying EBIT of €233.8 million ($270 million) in the June quarter, down by €86.8 million...
Helen Massy-Beresford

Based in Paris, Helen Massy-Beresford covers European and Middle Eastern airlines, the European Commission’s air transport policy and the air cargo industry for Aviation Week & Space Technology and Aviation Daily.

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