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HomeTravelTUI returns to profit for first time since pandemic

TUI returns to profit for first time since pandemic

[1/2] Tourists bathe and sunbathe on the beach of Puerto Rico in the south of the island of Gran Canaria, Spain, August 6, 2023. REUTERS/Borja Suarez
LONDON, Aug 9 (Reuters) – Tour group TUI (TUI1n.DE) reported its first post-pandemic profit on Wednesday as it announced its Q3 figures on the back of robust bookings and travel demand.
Airlines have reported strong results this quarter as tourists have continued to flock to hotspots across Europe in a post-pandemic travel boom that shows few signs of slowing.
The tour group reported underlying earnings before interest and tax at 169 million euros ($185.46 million) for the quarter, as well as 5.3 billion euros in revenue.

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