TUI reaffirms guidance, “promising start” for winter bookings

TUI has reaffirmed its results for full year through September 30, 2024, that it anticipates profits to reach over €1bn. The TUI Group said its underlying EBIT will be at least 25% over the previous year’s €977 million. It said its markets and airlines were “well ahead” with bookings up 6% as well as average selling price (ASP) up 3% for summer. Its holiday experiences segments also continue to “perform strongly”. In addition, the company said bookings for winter schedule are up 7% and ASP up 5%, marking a “promising start”.