The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksTUI AG Share News (TUI)

Share Price Information for TUI AG (TUI)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 566.50
Bid: 568.50
Ask: 569.50
Change: 0.00 (0.00%)
Spread: 1.00 (0.176%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 566.50
TUI Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Heathrow says airport travel chaos is easing; touts cap on flights

Thu, 11th Aug 2022 11:58

(Alliance News) - Heathrow airport insists recent travel chaos is beginning to ease after telling airlines to cut their flight programmes to tackle delays and cancellations.

The group's Chief Executive John Holland-Kaye, said passengers have been seeing "better, more reliable journeys" since the cap on departing flights was enforced.

Heathrow and Gatwick ordered airlines to slash their flight schedules following chaotic scenes as staff shortages left them struggling to cope with the sudden ramping up of demand for overseas holidays.

Holidaymakers suffered delays and cancellations along with lengthy queues as airports struggled with baggage handling, air traffic control and security.

But Heathrow said the cap has "delivered improvements to passenger experience, with fewer last-minute flight cancellations, better aircraft punctuality and baggage delivery".

Holland-Kaye added: "Passengers are seeing better, more reliable journeys since the introduction of the demand cap.

"I want to thank all my colleagues across the airport for their amazing work in getting people away on their holidays."

Heathrow did not give details on when the cap might be lifted, but said a boosting of airline ground handler operations would be a key factor – "and we have initiated a review of ground handling to support that objective".

The group is likely to face a barrage of compensation claims from affected holiday firms and airlines, many of which have laid the blame for disruption squarely at the feet of the airports.

Tui AG on Wednesday revealed it is seeking to recoup a "significant" sum from the airports it flies from after taking a EUR75 million cost hit due to the recent travel woes.

Heathrow said security staffing is back at pre-pandemic levels and 88% of passengers have been able to clear security within 20 minutes or less.

The group's latest passenger statistics revealed it saw 318% more people – a total of 6.3 million – pass through its terminals in July.

It said a further 16 million are expected to travel through Heathrow between July and September as travel demand ramps up.

By Holly Williams, PA Business Editor

source: PA

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
29 Dec 2021 16:59

LONDON MARKET CLOSE: FTSE 100 rallies, shaking off record Covid cases

LONDON MARKET CLOSE: FTSE 100 rallies, shaking off record Covid cases

Read more
24 Dec 2021 13:15

LONDON MARKET CLOSE: Stocks mixed as Omicron relief rally peters out

LONDON MARKET CLOSE: Stocks mixed as Omicron relief rally peters out

Read more
21 Dec 2021 17:04

LONDON MARKET CLOSE: Europe shakes off looming virus restrictions

LONDON MARKET CLOSE: Europe shakes off looming virus restrictions

Read more
21 Dec 2021 12:21

LONDON MARKET MIDDAY: Stocks bounce back; Biden to promote vaccination

LONDON MARKET MIDDAY: Stocks bounce back; Biden to promote vaccination

Read more
21 Dec 2021 09:41

LONDON BROKER RATINGS: Peel Hunt starts coverage of Tui with Hold

LONDON BROKER RATINGS: Peel Hunt starts coverage of Tui with Hold

Read more
21 Dec 2021 08:14

LONDON BRIEFING: Dublin government to reduce stake in AIB bank

LONDON BRIEFING: Dublin government to reduce stake in AIB bank

Read more
20 Dec 2021 12:18

LONDON MARKET MIDDAY: NY futures sink as Manchin scuppers US spending

LONDON MARKET MIDDAY: NY futures sink as Manchin scuppers US spending

Read more
20 Dec 2021 09:03

LONDON MARKET OPEN: Travel stocks hit as Omicron fears intensify

LONDON MARKET OPEN: Travel stocks hit as Omicron fears intensify

Read more
17 Dec 2021 09:37

LONDON BROKER RATINGS: Trio of cuts for boohoo; Liberum lifts Domino's

LONDON BROKER RATINGS: Trio of cuts for boohoo; Liberum lifts Domino's

Read more
14 Dec 2021 09:40

LONDON BROKER RATINGS: JPMorgan raises Experian, cuts BAE Systems

LONDON BROKER RATINGS: JPMorgan raises Experian, cuts BAE Systems

Read more
13 Dec 2021 08:53

New travel rules are "haphazard and disproportionate", say UK airlines

New travel rules are "haphazard and disproportionate", say UK airlines

Read more
13 Dec 2021 08:27

LONDON BRIEFING: Airlines slam "disproportionate" UK travel curbs

LONDON BRIEFING: Airlines slam "disproportionate" UK travel curbs

Read more
8 Dec 2021 17:08

LONDON MARKET CLOSE: Pound under pressure as PM hints at restrictions

LONDON MARKET CLOSE: Pound under pressure as PM hints at restrictions

Read more
8 Dec 2021 12:30

LONDON MARKET MIDDAY: Pfizer vaccine news helps support stocks

LONDON MARKET MIDDAY: Pfizer vaccine news helps support stocks

Read more
8 Dec 2021 09:52

TOP NEWS: Tui cuts losses but warns Winter bookings hurt by Omicron

TOP NEWS: Tui cuts losses but warns Winter bookings hurt by Omicron

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.