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Tourism: Tui profit collapses due to flight ban for Boeing 737 Max

2019-08-13T08:04:02.600Z

TIME ONLINE | News, backgrounds and debates


Hanover (dpa) - The flight ban for Boeing's medium-haul jet 737 Max has the world's largest travel group Tui from April to the end of June a sharp fall in profits einrockt. The bottom line was a profit of around 22 million euros - 85 percent less than in the same period last year, as the company announced. In addition, customers keep their bookings for the summer back. By the beginning of August, Tui sold one percent fewer summer holidays than a year before. The prices rose on average by one percent.

Source: zeit

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