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Market Cap:
£4.72 billion
52 weeks high
52 weeks low

Viewing results 1-25 of 72

Retail & consumer

TUI continues to blame Brexit and 2018 heatwave as third-quarter earnings halve

UK tourists are holding back on expensive holidays as they await the outcome of Brexit, while people are choosing to book later in case there’s another heatwave and they can ‘staycation’ instead...

1 week, 3 days ago
Industry & services

Airlines, plane manufacturers and tour operators beware - space could be your Kodak moment

At a price of $2,500 per trip, swapping space flights for long-haul trips is an opportunity that could be worth over $20bn a year to the travel industry...

on 20/6/19
Retail & consumer

easyJet’s FTSE 100 relegation could be more of a dip than a descent

The budget airline is accompanied by generic drug maker Hikma on the list of firms facing the blue-chip trap door...

on 3/6/19

High FTSE yields point to 'dividend slaves' that may cut payouts

Grace Jones' Slave to the Rhythm might well have been about the pressure of a progressive dividend policy: 'Build on up, don't break the chain; Sparks will fly when the whistle blows'...

on 16/5/19
Retail & consumer

TUI blames Brexit, Boeing 737 Max grounding and 2018 heatwave for wider loss

For summer 2019, bookings are down 3% on last year with 59% of the total programme sold, compared to 62% at the same stage a year ago...

on 15/5/19
Industry & services

Boeing scraps guidance for 2019 as 737 MAX crisis sends costs soaring

The aircraft maker reported a 21% drop in earnings for the first quarter, while the grounding of its bestselling aircraft and a stoppage of deliveries racked up US$1bn in extra costs...

on 24/4/19
Retail & consumer

Thomas Cook: From Loughborough railways to potential unravelling

Despite expanding from humble beginnings in 1841, the travel operator is now beset on all sides by encroaching rivals while also trying to keep up with changes in consumer behaviour...

on 23/4/19
Retail & consumer

TUI shares nosedive as it warns 2019 earnings could fall by over a quarter due to grounding of Boeing 737 MAX aircraft

The travel firm said assuming the MAX planes were cleared to resume flights by mid-July at the latest, underlying EBITA for the current year would be around 17% lower than in 2018, however, if the planes were grounded for longer the figure could be as much as 26% lower...

on 29/3/19
Retail & consumer

TUI shares jump as Morgan Stanley ups rating after share price tumble

A share price plunge of around 30% since a shock profit warning in early February had left shares in the FTSE 100 travel operator "attractive", according to Morgan Stanley's analysts...

on 14/3/19
Retail & consumer

Boeing bows to pressure and grounds all 737 MAX’s after US bars aircraft

The aircraft maker said it had decided to ground the 371 MAX planes due to “an abundance of caution” and to reassure the public of the safety of its aircraft...

on 14/3/19
Industry & services

US gives Boeing some respite as it refuses to suspend 737 MAX 8 flights

None of the data received from other aviation authorities would warrant it taking such action, the FAA said...

on 13/3/19
Retail & consumer

TUI confirms UK decision to ground all Boeing 737 MAX 8 aircraft following crashes

The travel firm said in a statement that any customers due to fly home as well as those scheduled to depart using the MAX 8, would be flown using different models...

on 12/3/19
Retail & consumer

Ryanair among airlines heavily exposed to potential MAX 8 grounding

The budget carrier currently has around 110 orders for the MAX 200, a high-capacity version of the MAX 8, with options on 100 more to help grow its fleet...

on 11/3/19
Retail & consumer

TUI bemoans last summer’s hot weather (again) as first-quarter losses almost double

It was only last week that the tour operator warned investors that full-year profits would be less than first thought...

on 12/2/19
Retail & consumer

UBS trims target for Thomas Cook as it stays conservative on value potential of airline disposal

In a note, the investment bank said that it believed the airline’s equity value could be worth between £200mln-£600mln, a “more conservative” valuation that the market expectation of between £900mln-£1bn...

on 11/2/19
Retail & consumer

TUI AG no longer outshines Thomas Cook after shock profit warning

TUI shares plummeted on a shock profit warning while Thomas Cook gained on the back of news it could sell its airline business ...

on 7/2/19
Retail & consumer

TUI shares descend as it blames warm weather and weak pound for profit warning

TUI no longer expects to achieve at least 10% annual growth in underlying EBITDA at constant currencies in the three years to 2020...

on 7/2/19
Retail & consumer

Jefferies initiates coverage of On The Beach with 'buy' recommendation

“In a challenging environment, a disruptive business model with a robust balance sheet and surplus cash generation warrants a premium versus peers,” Jefferies said...

on 28/1/19
Retail & consumer

TUI AG prepares for potential hard Brexit as it posts 2018 earnings growth

TUI raised its full year dividend by 10.9% and said it remains committed to raising the payout in line with underlying EBITA in 2019...

on 13/12/18
Retail & consumer

TUI downgraded to 'sell' by UBS on fears of soft Spanish hotels sector

"We are forecasting 1% CAGR decline in Hotels profitability (at constant currency) FY18-20e vs. company's target of 10% growth and we note consensus expectations have not come down YTD," UBS said...

on 26/10/18
Retail & consumer

TUI maintains earnings guidance despite hot weather leading to more staycations

TUI said the financial year is closing out as expected with the fourth consecutive year of double-digit growth in underlying earnings...

on 27/9/18
Retail & consumer

Can TUI avoid the same problems that are denting Thomas Cook’s profits?

TUI is due to publish a trading update on Thursday, just a few days after its rival issued a profit warning on the back of the hot summer weather...

on 24/9/18
Retail & consumer

Investors doubt TUI's outlook as European heatwave leads to more staycations

“The market appears to be sceptical of TUI’s pledge to achieve full year guidance, perhaps mindful of its rival Thomas Cook guiding for results to be at the lower end of expectations last week," said AJ Bell's Russ Mould...

on 9/8/18
Retail & consumer

TUI shares fly lower as traffic control strikes hit third-quarter earnings

A strong performance in the hotels and cruises business and cruises division led turnover growth in the third quarter...

on 9/8/18
Retail & consumer

Thomas Cook shares fall as UBS initiates coverage with 'sell' rating

UBS believes a competitive environment and higher fuel costs are likely to generate headwinds for Thomas Cook’s already thin margins...

on 25/7/18