News | Latest Breaking News Stories & Headlines

TUI has reported an underlying loss before interest and taxes of €206.8m in the first quarter, wider than the €188.7m loss it reported a year ago

TUI posts slowdown in its summer bookings

Europe's largest travel operator TUI has today flagged a 1% drop in summer bookings, which knocked its shares down nearly 7% in early trading.

Business • 14 May

EasyJet has cut its winter losses by more than £50m compared with last year

EasyJet cuts winter losses, says demand builds for summer

British airline EasyJet said it was confident travel demand would remain strong this summer, putting it on track for further growth and boosting its shares after it forecast a smaller-than-expected winter loss.

Business • 18 Apr 24

SAS had sought bankruptcy protection in July last year

SAS sees busy summer ahead as quarterly loss shrinks

Scandinavian airline SAS said today it expects a busy summer season, as it reported a reduced second-quarter pre-tax loss.

Business • 01 Jun 23

Norwegian Air curtailed capacity by up to 30% to reduce costs during the first quarter of 2023

Norwegian Air posts Q1 loss, eyes seasonal summer boost

Norwegian Air has today reported a first-quarter loss and said strong booking numbers would give the budget carrier a boost for the summer season.

Business • 12 May 23

Air France-KLM said it was seeing strong summer ticket sales after its Q1 revenue rose 42% year-on-year to €6.33 billion

European airlines see strong summer bookings

Aer Lingus-owner IAG and Air France-KLM reported bumper summer bookings as travellers pressed ahead with holiday plans despite a cost-of-living crisis.

Business • 05 May 23

TUI said that 3.5 million customers had booked a trip for summer 2022 - 72% of the levels seen during the same time in 2019

TUI says pent-up demand for holidays to steer recovery

TUI's summer travel bookings were steadily approaching pre-Covid levels, the European holiday company said today, helping it return a portion of the German state aid it received to weather the pandemic fallout.

Business • 08 Feb 22

Thomas Cook has put its airline unit up for sale in an effort to raise some cash

Thomas Cook shares plunge after latest profit warning

Travel group Thomas Cook has today issued its third profit warning in less than a year, saying that consumer uncertainty would hurt its performance during the peak summer sending.

Business • 16 May 19

summer bookings