Log in
Please enter your login details

Skip to main content

Breaking News
  • Panel of experts says Ebola crisis exposed World Health Organisation failings and that it is not capable of delivering “emergency public health response”.
  • Russian Foreign Minister Sergei Lavrov said a weapons embargo on Iran was the main obstacle still to be overcome at talks between six major powers and Tehran on its nuclear programme
  • U.S. says interim Iran deal extended until Friday July 10, nuclear talks have made “substantial progress”
  • Afghanistan says it has sent a delegation to Pakistan for negotiations with the Taliban, a step towards potentially starting a formal peace process with the insurgent group.
  • Iran and major powers will continue negotiations on an historic nuclear deal past a deadline for a long-term agreement, which is set to expire later on Tuesday, European Union foreign policy chief Federica Mogherini said.
  • French special forces killed Mohamed Ali Ag Wadossene on Sunday, a key figure in Al-Qaïda North Africa operation. He was freed last year in exchange for French hostage Serge Lazarevic.
Facebook Twitter Google+ Reddit

TUI Travel has said it was on track to meet earnings expectations for the full-year and should deliver a strong performance in its key summer trading period.

The world’s biggest tour operator reported bookings are well ahead of last year.

Business has picked up in the UK. That helped offset a sluggish performance in France, which has seen weak demand for holidays to destinations in North Africa in recent months.

“Demand for leisure travel is growing, and we have seen an improved summer 2012 trading performance in all mainstream markets except France, which has been hit by the slow recovery of popular North African destinations, especially Egypt,” TUI Travel Chief Executive Peter Long told reporters.

The group, which owns Thomson and First Choice, has benefited from difficulties experienced by main rival Thomas Cook, which issued a string of profit warnings last year as civil unrest in North Africa and the economic downturn in Britain hurt bookings.

Thomas Cook last week secured a three-year refinancing lifeline worth 1.4 billion pounds (1.73 billion euros), giving it more time to turn the business around.

More about: