Tuifly News

Tui bucks recession to post profit

Tui bucks recession to post profit

TUI Travel has bucked the global downturn and reported an 11% increase in underlying operating profit to £443m for the year ended 30 September 2009. Europe’s biggest tour operator’s revenues stayed the same at £13.8bn, while underlying earnings per share increased 17% to 23.8p.

Air Berlin and TUIfly

Air Berlin and TUIfly

8th Sep 2009 Airline News

Air Berlin and TUIfly have ditched plans for a cross-shareholding. However the planned takeover of TUIfly’s city carrier business by Air Berlin would still proceed, leaving the charter sector as TUIfly.