Does TUI make a profit?

LONDON, Aug 9 (Reuters) - Tour group TUI (TUI1n.DE) reported its first post-pandemic net profit on Wednesday on the back of robust bookings and travel demand in the three months to the end of June, but said extreme weather and wildfires were set to impact its full-year earnings.



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TUI Stock 12 Months Forecast Based on 6 Wall Street analysts offering 12 month price targets for TUI AG in the last 3 months. The average price target is 669.85p with a high forecast of 844.50p and a low forecast of 568.75p. The average price target represents a 39.49% change from the last price of 480.20p.

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TUI AG said it expects its summer 2023 travel season to be close to pre-pandemic levels even as the pace of growth tapers off amid higher inflation and rising interest rates.

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ranked each provider from top to bottom depending on their overall score, which has seen holiday firms Jet2holidays and Kuoni come out on top in joint first of the best beach and resort package providers. On the other end of the list, eDreams has been ranked at the bottom whilst TUI's rating has dropped down.

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TUI is increasing its capacities for the summer travel season, as its own all-Boeing fleet, consisting of six 737-8s, one 767-300, and three 787-8s, is not sufficient for the peak period.

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TUI's financial performance continues to result in losses for the company in its half year results for the 6 months ended 31st March. As we know TUI, like many airlines, has had problems during the pandemic years when many airlines made heavy losses due to drastically reduced demand for flights.

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TUI Airways is the largest of the TUI airlines. It has 70 aircraft and flies from 26 British airports to 109 destinations worldwide. It was formed by the merger of Thomsonfly (formerly Britannia Airways) and First Choice Airways (formerly Air 2000). The airline was the last TUI airline to be rebranded.

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