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

Tui cancels nearly 200 UK flights as travel chaos worsens

Tue, 31st May 2022 15:52

(Alliance News) - Tui AG subsidiary Tui Airways Ltd has cancelled nearly 200 flights due to serve Manchester Airport between now and the end of June as the chaos faced by UK holidaymakers worsens.

The airline made the announcement after passengers suffered long delays in recent days due to staff shortages.

It will cancel six daily flights up to June 30, including to destinations such as Spain's Canary Islands.

Other airlines are continuing to axe flights, and passengers are being forced to wait in long queues at airports such as Manchester, Heathrow, Gatwick and Bristol.

Airline passengers have been hit by disruption for several months, with the situation worsening this week due to the rise in demand sparked by the half-term school holiday and the Platinum Jubilee bank holiday period.

The aviation industry is suffering from staff shortages after letting thousands of people go during the coronavirus pandemic.

Airlines and airports repeatedly called for more financial support during the Covid-19 crisis as government travel restrictions suppressed demand.

They are now struggling to recruit new workers and have their security checks processed.

Shadow transport secretary Louise Haigh accused the government of being "missing in action".

"Tory ministers can't even get the basics right," she said.

"They should show some responsibility, do their job, and take concrete steps to tackle the chaos growing on their watch."

Last month, Transport Secretary Grant Shapps introduced legislation to allow new aviation recruits to begin training before passing security checks to reduce the time it takes for them to start work.

A government spokeswoman said airports are "busier than usual" due to "an exceptionally high number of people travelling" this week.

She continued: "The aviation industry is responsible for making sure they have enough staff to meet demand and we have been clear that they must step up recruitment to make sure disruption is kept to a minimum.

"In addition, using our post-Brexit freedoms, we have changed the law to provide the sector with more flexibility when training new employees, which will help it to fill vacancies more quickly.

"We have also worked with Border Force to ensure preparations meet passenger demand."

Aviation data firm Cirium said 291 departures from major UK airports have been cancelled between May 25 and Tuesday.

Tui Airways said in a statement: "Unfortunately, due to ongoing challenges in our operation, we have had to announce a small number of planned cancellations between now and 30 June from Manchester Airport only.

"We are directly contacting all impacted customers in departure date order and they will automatically receive a full refund.

"We can reassure our customers that the remainder of our flying programme is expected to operate as planned."

In response, the airport said the carrier and its ground handler, Swissport, are suffering from staff shortages and experiencing "significant challenges with their check-in and baggage reclaim operations".

It added: "We understand Tui's difficult decision to cancel a number of services over the course of the next month, although we are obviously disappointed to see passengers' plans disrupted in this way."

EasyJet PLC cancelled at least 31 flights at Gatwick on Tuesday.

British Airways is continuing to cancel dozens of flights each day, although the airline said passengers are being told several days in advance.

Passengers are reporting long delays at several airports.

One passenger described Heathrow Terminal 5 as an "utter shambles", with a "gigantic queue for security".

A Twitter user posted an image of a queue at Manchester Airport which stretched along a car park, describing the situation as "madness".

Another passenger at the airport said arriving travellers were waiting for more than three hours to get their luggage.

She wrote: "People have just abandoned them. We were told to come back during the week for ours."

A passenger booked on a Vueling flight from Gatwick queued for four-and-a-half hours to check in before the departure was cancelled.

It was "the worst airport experience ever", he wrote.

Unite union general secretary Sharon Graham said those in charge of UK aviation companies "should hang their heads in shame".

She went on: "They got very rich on high profits and low pay. They then sacked and slashed wages for thousands of workers without a second thought during the pandemic. Now they are reaping what they have sown because, understandably, people don't want to work for them anymore."

Garry Graham, deputy general secretary of the Prospect union, said there are "staff shortages across the industry" and a "huge reliance on overtime to get by day to day".

He went on: "Things could get worse this summer before they get better."

By Neil Lancefield, PA Transport Correspondent

source: PA

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
24 Jun 2022 09:50

TUI announces board changes as CEO resigns

(Sharecast News) - TUI announced on Friday that its chief executive officer Friedrich Joussen has handed in his resignation as a member of the executive board, with effect from 30 September.

Read more
24 Jun 2022 09:36

TOP NEWS: Tui promotes Chief Financial Officer Sebastian Ebel to CEO

(Alliance News) - Tui AG on Friday said it has picked Chief Financial Officer Sebastian Ebel as its new chief executive officer, with effect on October 1.

Read more
30 May 2022 17:01

LONDON MARKET CLOSE: Stocks rise as China loosens Covid-19 curbs

(Alliance News) - Stocks in London ended higher on Monday as investors welcomed an easing of Covid containment measures in Shanghai and Beijing.

Read more
30 May 2022 12:06

LONDON MARKET MIDDAY: FTSE 100 looks for impetus in quiet day

(Alliance News) - The shortened trading week in the UK was off to a smooth start, with the FTSE 100 largely directionless in midday trade, as investors breathe a sigh of relief following China's move to ease stringent Covid restrictions in Beijing and Shanghai.

Read more
27 May 2022 10:06

LONDON BROKER RATINGS: JPMorgan cuts Just Eat Takeaway and Deliveroo

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

Read more
18 May 2022 12:18

LONDON MARKET MIDDAY: High inflation in UK and EU leaves stocks flat

(Alliance News) - Europe's blue-chip stock benchmarks were drifting aimlessly at midday on Wednesday, as markets seemed unsure how to react to hot inflation figures in the UK and the eurozone.

Read more
18 May 2022 11:08

IN BRIEF: Tui raise EUR425 million from share placing to repay Germany

TUI AG - Anglo-German tour operator - Raises EUR425 million gross from placing of 162.3 million shares at a price of EUR2.62 each via an accelerated bookbuild. The new shares represent 10% of the total outstanding before the placing. Fundraise was first announced on Tuesday and will be used to pay back German government Covid-19-related aid of EUR671 million. Once this is done, the company may resume paying dividends, as suspension of dividends until repayment was a condition for the aid.

Read more
17 May 2022 18:00

Tui plans fundraise to pay down Covid aid as it eyes "strong summer"

(Alliance News) - Tui AG on Tuesday unveiled plans for a capital raise in order to reduce the state aid it received during the pandemic.

Read more
16 May 2022 10:14

LONDON BROKER RATINGS: Goldman Sachs cuts Aviva but raises Phoenix

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday afternoon:

Read more
12 May 2022 09:56

LONDON BROKER RATINGS: Berenberg raises SSE; Deutsche cuts Rio Tinto

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday afternoon:

Read more
11 May 2022 17:02

LONDON MARKET CLOSE: Stocks rise as annual US inflation slows in April

(Alliance News) - Stocks in London ended higher on Wednesday after data showed annual US inflation moderated in April.

Read more
11 May 2022 12:06

LONDON MARKET MIDDAY: Stocks rise as markets await US inflation

(Alliance News) - Stocks in Europe were extending morning gains at midday on Wednesday, with a positive open seen in New York, as traders eagerly await the latest consumer price index reading from the US.

Read more
11 May 2022 10:44

Tour operator Tui eyes profit after "two years of turbulence"

(Alliance News) - Tui AG on Wednesday posted a sharp first half revenue jump, with the Anglo-German holiday operator's fortunes resembling pre-Covid times.

Read more
11 May 2022 08:26

LONDON BRIEFING: High inflation in China, Germany; US report next

(Alliance News) - Consumer price inflation in Germany ticked to a new record high in April, as expected, data from the Federal Statistical Office showed on Wednesday.

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.