TUI Reports Strong Summer, Expects $27M Hit From Wildfires

tui jet
Credit: Thierry Monasse/Getty Images
Tour operator TUI Group said its hopes for a strong peak season have materialized but warned of €25 million ($27 million) in extra costs for the full year related to the recent wildfires on the Greek island of Rhodes. “We confirm our expectations for a strong summer,” TUI said Aug. 9 as it revealed...
Helen Massy-Beresford

Based in Paris, Helen Massy-Beresford covers European and Middle Eastern airlines, the European Commission’s air transport policy and the air cargo industry for Aviation Week & Space Technology and Aviation Daily.

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