Tui expects revenue growth of at least 10pc and an increase in underlying earnings of at least 25pc for full-year 2024.
Tui Group reported a 19pc increase in carryings to 19.1m, driven by strong demand for holidays over the past year.
Overall revenue exceeded €20bn, marking a 25pc year-on-year increase and resulting in a doubling of underlying profits to €977m.
Summer 2023 saw periods of heat and forest fires in southern Europe, which had a short-term impact on bookings and kept the company busy.
CEO Sebastian Ebel said “Tui aims to enhance market position, offer new products, and attract new customers. The company acknowledges geopolitical conflicts and crises but is focused on providing unique holiday experiences. Tui is committed to sustainability, aiming to reduce CO2 emissions per air passenger by nearly 25pc by 2030 and becoming a zero-emissions company by 2050. The group will use larger amounts of sustainable aviation fuel and optimize flight routes to minimise environmental impact.”
After 34 years with the group, Tui executive board member David Burling will hand over his responsibilities for markets and airlines at the end of the year.
David Schelp, a former Tui executive, will join the company as the new board member responsible for the tour operator and airline business.
Tui Britain & Ireland improved underlying annual earnings to €71m, recovering from a significant loss of €102m in the previous year.
Tui expects revenue growth of at least 10pc and an increase in underlying earnings of at least 25pc for full-year 2024.
Tui Group reported a 19pc increase in carryings to 19.1m, driven by strong demand for holidays over the past year.
Overall revenue exceeded €20bn, marking a 25pc year-on-year increase and resulting in a doubling of underlying profits to €977m.
Summer 2023 saw periods of heat and forest fires in southern Europe, which had a short-term impact on bookings and kept the company busy.
CEO Sebastian Ebel said “Tui aims to enhance market position, offer new products, and attract new customers. The company acknowledges geopolitical conflicts and crises but is focused on providing unique holiday experiences. Tui is committed to sustainability, aiming to reduce CO2 emissions per air passenger by nearly 25pc by 2030 and becoming a zero-emissions company by 2050. The group will use larger amounts of sustainable aviation fuel and optimize flight routes to minimise environmental impact.”
After 34 years with the group, Tui executive board member David Burling will hand over his responsibilities for markets and airlines at the end of the year.
David Schelp, a former Tui executive, will join the company as the new board member responsible for the tour operator and airline business.
