TUI Travel
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A pullback in investment by tour operators contributed to foreign direct investment in the country falling to $2.2 billion in the fiscal year ending June 2011, from a high of $13.2 billion in 2008. Thomas Cook's larger rival, TUI Travel PLC, confirms... Full Article at Wall Street Journal
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Court of Justice for the European Union Advocate General Yves Bot has produced his opinion on an important collection of joined cases concerning passenger compensation for flight delays. The full opinion for Joined Cases C-581/10 Nelson and Others v... Full Article at Law Professor Blogs
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TUI Travel Ukraine has more than 150 contracts to accommodate football fans, including in student dormitories, guest houses and hotels
SOURCE: Spiegel Online -
SURGE in corporate restructuring caused by the recession has put employer covenants at risk, Punter Southall Transaction Services has warned. More corporates are expected to default over 2012 and businesses such as Premier Foods, TUI Travel, JJB, Logica... Full Article at Accountancy Age
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Greek businesses would be desperate to agree a new drachma-based price regime to keep the vital bookings. The new contracts would probably be for a much lower price than those that apply under the euro, but it is unlikely reductions would be passed on... Full Article at This Is Money
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TUI Travel PLC, Europe's biggest tour operator, says it has "contingency plans" in place should Greece drop the common currency. Rival Thomas Cook Group said Tuesday that it too is working closely with hotels and other suppliers to position itself for... Full Article at Boston.com
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Our stressed valuation of TUI's investments and operations is about EUR2.1 billion at the point of default, taking into account its main investments: -- TUI's shares in TUI Travel, based on about 56% ownership (assuming 21% of shares currently owned by... Full Article at Reuters.co.uk
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TRAVEL and tourism group TUI said demand for holidays in North Africa was recovering, as it reported a smaller than expected second-quarter loss. Tour operators such as Europe’s largest TUI Travel, controlled by TUI, and Thomas Cook were hit hard last... Full Article at Irish Times
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It confirmed an outlook for moderate turnover growth and a slight improvement in underlying earnings before interest, tax and amortisation (EBITA) for the fiscal year to end-September. It said this would be driven by TUI Travel, which on Wednesday said... Full Article at Reuters Mobile
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