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Tui Hit By £261 million Loss

Travel operator Tui have reported half-year losses of £261 million along with a fall in summer bookings.

Tui has reported a loss of £261 million for the six months to the end of March. This is up from £148 million in the same period a year ago. The travel operator has also suffered because of the grounding of Boeing’s 737 Max aircraft, the operator has warned this could cost them a further £261 million in losses.

The unwelcome news comes just 2 months after budget airline EasyJet reported £275 million in losses, which it says is a direct result of … Read more

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How will Brexit effect your travel next year ?

The UK will leave the EU on Friday 29 March 2019 and there will be many, many changes to get used to, but how will travel and holidaying abroad work ?

A transition period has been agreed, in principle, between the EU and UK, until 31 December 2020.

There is a lot of uncertainty amongst members of the public and some who think things will carry on as normal, but it is clear more lucidity is needed on the impact of Brexit.

Alan Wardle from ABTA says: “Travel is one of those industries that has quite a big impact if … Read more

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