TUI

TUI's financial performance has resulted in a Year-End loss in its full-year results published on the 14th of December. Like many airlines, TUI has ...

All in all, it does appear that TUI’s financial performance is improving but unfortunately at the moment is making a profit due to the legacy of Covid and the war in Ukraine. Chief Executive Officer Sebastian Ebel, has said that the company only started to take off this summer after restrictions were lifted and even then had to deal with the war in Ukraine. According to the latest figures, TUI made a loss of 212.6 million euros in the 12 months up to September 30th 2022. This is a significant improvement from the previous year when it was 4.7316 billion euros. It appears that TUI’s financial performance, even though it is currently making a loss, is still better than last year. This is an increase of over 3 times, indicating that the company is able to attract more customers now.