23 Hrs
Source:
The Guardian
Iran Conflict and Costs Drive Holiday Bookings
Tui’s travel and airline division reported a €17 million loss in its third quarter due to weaker holiday demand, high fuel costs, and geopolitical tensions from the Iran war. The conflict has cost the company €60 million so far, with disruptions and costs from incident-related ship outages and repatriation. Despite challenges, demand for summer holidays has shown signs of recovery.
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