- Tui has reassured holidaymakers that peak summer flights will proceed as planned, despite concerns over aviation fuel shortages linked to the Iran conflict.
- Mathias Kiep, Tui Group's CFO, stated there would be no fuel shortage in the coming 10 weeks, citing sufficient supply, hedged higher prices, and increased production from other nations.
- The company reported a 'very successful' first half of its financial year but warned the second half would require significant effort.
- The Iran conflict resulted in a €40m (£35m) hit to profits, alongside a €5m (£4.3m) loss from Hurricane Melissa in Jamaica.
- Summer air bookings are 7 per cent lower than last year, with customers booking closer to their departure dates, though overall travel intention remains strong.
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