In the three months to 31 March, the travel giant cut losses from €242.4 million (£208.4 million) to €188.7 million (£162.3 million) while posting its highest ever quarterly revenue of €3.6 billion (£3.1 billion).
Reconfirming its guidance for this financial year, on Wednesday (15 May) Tui said revenue could increase “by at least” 10% year-on-year by the end of September.
“Bookings across all our source markets were higher and notably both our key markets in the UK and Germany reported increased bookings levels compared to our last update as the season ended with average selling price ahead of winter 2022/23,” Tui said in a statement.
