Europe’s largest tour operator Tui reported higher profit in the 2024 financial year and projected further growth next year, albeit at a slower pace than in 2024, buoyed by its holiday business. Photograph: Andrew Matthews/PA WireDeliveries of Boeing 737 Max planes to the airline of travel company Tui have been delayed by two to three years, Sebastian Ebel, the chief executive of the tour operator said on Wednesday after the company posted results.
Europe’s largest tour operator reported higher profit in the 2024 financial year and projected further growth next year, albeit at a slower pace than in 2024, buoyed by its holiday business. Tui’s underlying earnings before interest and tax in the year ended September jumped 33 per cent to €1.3 billion from €900 million last year. That beat analyst expectations of €1.293 billion in an LSEG poll.