From summer 2020, Tui Group will be expanding into the river cruise industry following the purchase of three passenger ships. Tui River Cruises will offer adults the flexibility to create their trip when it comes to river cruising, with the option to create bespoke packages to suit their every need.
Anna Laestadius has been appointed as chief creative officer of the Hanover, Germany-based Tui Group, overseeing the global development of the brand.
Passengers flying out of the UK’s third largest airport were this morning welcomed onto a giant new pier, which connects to Terminal 2, for the first time. The 216-metre pier – longer than Manchester’s Beetham Tower is tall – provides extensive panoramic views of the airfield and will be used by all airlines currently operating out of T2.
Tui Group has warned the grounding of the global Boeing 737 Max fleet might cost the company as much as €200 million. The German travel agent currently operates 15 of the aircraft type, utilising them to move passengers in the UK, Belgium, the Netherlands and Sweden.
Tui Group is set to expand its portfolio of owned hotels in the Cape Verde Islands with the addition of a new resort. The first Tui Magic Life club in the state off the west coast of Africa will be developed on the island of Boa Vista.
Tui Group has seen losses widen to €83.6 million for quarter one of financial 2019, driven largely by the unusually long and hot summer in northern Europe last year. The losses are double the €36.7 million reported last year.
Having anticipated growth of ten per cent, the company now expects EBITDA for the year ending in September to remain broadly unchanged at €1.17 billion.
The ship is due to depart from Cadiz on March 27th before embarking on her first customer sailing around the Mediterranean, leaving from Palma, Majorca on April 2nd.
A 30 second version of the creative featuring the Turner Family as they embrace every aspect of a First Choice all-inclusive holiday quite literally singing – or rapping – its praises, will air on Boxing Day.
In year to September 30th, TUI Group delivered turnover growth of 6.3 per cent to €19.7 billion euros on a constant currency basis. Underlying EBITA increased by 10.9 per cent to €1.2 billion on a constant currency basis.