The travel giant’s summer 2016 programme is 47% sold, which is broadly in line with last year. Revenue is up 3%, driven by 2% growth in bookings and 1% higher average selling prices.
Turkey, however, continues to struggle. Demand for the destination was described as “subdued” and capacity has been moved to the likes of mainland Spain, the Balearics and the Canaries.
Tui said it was “pleased” with how summer 2016 trading had developed since its last update and remains confident that it will be able to achieve underlying earnings before interest, taxes, and amortisation growth of at least 10% in its current financial year.
