TUI AG (TUIGn.DE)
28 Apr 2017
LONDON, March 29 European travel and tourism company TUI reiterated its target of reaching at least 10 percent growth in underlying full-year operating profit after seeing solid demand for Winter and Summer bookings.
FRANKFURT, March 24 German container shipping company Hapag-Lloyd expects increased operating earnings this year, it said on Friday, citing a rise in freight rates as market conditions improve.
FRANKFURT, March 17 German container shipper Hapag-Lloyd on Friday postponed the completion date for its takeover of United Arab Shipping Company (UASC) to May 31 from March 31, but said the deal, worth 7 to 8 billion euros ($7.52-8.60 billion), was not at risk.
(The following statement was released by the rating agency) LONDON, February 24 (Fitch) Fitch Ratings has revised Thomas Cook Group Plc's (TCG) Outlook to Positive from Stable. The Long-Term Issuer Default Rating (IDR) is affirmed at 'B'. Fitch has also affirmed the senior unsecured rating at 'B+'/'RR3' for the notes issued by TCG and Thomas Cook Finance plc. The positive outlook reflects TCG's improving business profile, which over the years has demonstrated increasing resilience to extern
FRANKFURT, Feb 15 Travel and tourism group TUI must pay passengers compensation over disruptions to German flights because of crew members calling in sick in October, a court in Hanover ruled on Wednesday.
BERLIN European travel and tourism company TUI aims to start offering holidays to customers from countries such as China, Brazil, Spain and Italy as it seeks new ways to keep its hotels full and drive sales.
* Sees growth potential in China, South America, Southern Europe First-quarter loss narrows by 17 pct
BERLIN, Feb 14 European tour operator TUI reported a narrower loss for the first-quarter, although its German TUIFly unit was hit by costs of around 22 million euros ($23 million) due to staff calling in sick after a new strategy was announced in October.
* KKR & Co LP - agreed to acquire Travelopia from TUI AG Source text for Eikon: Further company coverage:
FRANKFURT Travel group TUI said it had agreed to sell its specialist holiday arm Travelopia to KKR at an enterprise value of 325 million pounds ($407 million).