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Tui Travel Share News (TT.)
Share News for Tui Travel (TT.)
| Share Price: 358.50 | Bid: 358.10 | Ask: 358.40 | Change: -4.10 (-1.13%) |  | ||||||
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UPDATE 1-TUI Travel says outperforming competitors in UK
Thu, 29th Mar 2012 07:48
LONDON, March 29 (Reuters) - TUI Travel, the world's biggest tour operator, said it was outper
The group, which owns Thomson and First Choice, said summer holiday bookings had improved in all its key markets since it last updated on trading in February.
'We are pleased with the development of bookings and pricing in the UK, where we continue to outperform the market and have a strong performance in online sales,' chief executive Peter Long said on Thursday.
TUI Travel said demand for holidays to destinations in North Africa had remained week, particularly in France.
It has benefited from difficulties experienced by main rival Thomas Cook, which issued a string of profit warnings last year before securing a 200 million pounds ($317 million)bailout package from its banks.
Thomas Cook itself said on Wednesday its performance in Britain had improved as a new advertising campaign and improvements to its website boosted sales.
($1 = 0.6309 pound)
(Reporting by Matt Scuffham; Editing by Dan Lalor) Keywords: TUI TRAVEL/
(matthew.scuffham@thomsonreuters.com)(+44 20 75426734)(Reuters Messaging: matthew.scuffham.reuters.com@reuters.net)
COPYRIGHT
Copyright Thomson Reuters 2012. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
LONDON, March 29 (Reuters) - TUI Travel, the world's biggest tour operator, said it was outper
forming competitors in Britain, helping to offset weaker trading in France, and overall trading was in line with its expectations.
The group, which owns Thomson and First Choice, said summer holiday bookings had improved in all its key markets since it last updated on trading in February.
'We are pleased with the development of bookings and pricing in the UK, where we continue to outperform the market and have a strong performance in online sales,' chief executive Peter Long said on Thursday.
TUI Travel said demand for holidays to destinations in North Africa had remained week, particularly in France.
It has benefited from difficulties experienced by main rival Thomas Cook, which issued a string of profit warnings last year before securing a 200 million pounds ($317 million)bailout package from its banks.
Thomas Cook itself said on Wednesday its performance in Britain had improved as a new advertising campaign and improvements to its website boosted sales.
($1 = 0.6309 pound)
(Reporting by Matt Scuffham; Editing by Dan Lalor) Keywords: TUI TRAVEL/
(matthew.scuffham@thomsonreuters.com)(+44 20 75426734)(Reuters Messaging: matthew.scuffham.reuters.com@reuters.net)
COPYRIGHT
Copyright Thomson Reuters 2012. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
UPDATE 2-Thomas Cook flags return to dividends after refinancing
* To raise 425 mln stg via rights issue and placing* Expects to raise 441 mln stg in bond issue* Agrees new 691 mln stg banking facility* H1 pretax lo[16 May '13]
UPDATE 2-TUI AG CEO shakes up group in drive for dividend
* Cuts costs at TUI AG headquarters in Hanover* Underperforming hotels, cruises to be restructured* Sees underlying EBITA of around 1 bln eur by 2014/[15 May '13]
TUI AG CEO says no plans for merger with TUI Travel
FRANKFURT, May 15 (Reuters) - TUI AG has no plans to merge with London-listed unit TUI Travel, the German company's chief executive said on Wednesday.[15 May '13]
TUI AG cuts costs in drive to pay out dividends
FRANKFURT, May 15 (Reuters) - German tourism group TUI AG will cut costs and align its hotels business more closely with that of unit TUI Travel as p[15 May '13]
UPDATE 1-TUI Travel sees strongest summer demand in six years
* Says 58 percent of summer holiday programme sold* Sees full-year profit rising by at least 10 percent* Posts first-half operating loss of 289 mln po[10 May '13]
TUI Travel says strong summer to drive 10 pct profit rise
LONDON, May 10 (Reuters) - TUI Travel, the world's largest tour operator, forecast a full year profit rise of at least 10 percent, driven by strong t[10 May '13]
UK's Thomson Airways to start Dreamliner flights in July
LONDON, April 30 (Reuters) - TUI Travel's Thomson Airways said it would start using its first Boeing Dreamliner on services from Britain to the Unite[30 Apr '13]
Irish firm eyes stake in UK aviation air traffic control
DUBLIN/LONDON, April 19 (Reuters) - Ireland's semi-state air traffic control operator said it had expressed an interest in buying a stake in its Briti[19 Apr '13]
