Total travel earnings in the half year to July fell to £800,000 compared with a profit before tax of £13.1 million in the same period last year. Total travel revenue decreased slightly from £230 million to £219 million.
The profits fall is attributed to a £3.4 million loss from the cruising arm, compared to a £4.7 million profit in the same period last year. In addition, tour operating profits halved from last year’s £8.4 million.