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Tui reveals cost of Tunisia attack

Operators
TTG Staff
13 August 2015

Tour operator Tui Group has taken a €10 million hit to its profits as a result of the terrorist attack in Tunisia.

Tui headquarters

The news came as the group announced an improved third quarter performance.

Underlying ebita (earnings before interest, taxes and amortization) rose by 18% to €194 million in the three months to the end of June.

The 30 British victims of the shooting on the beach near Sousse were all Tui customers.

The company launched a massive airlift operation to bring home customers still in Tunisia and subsequently cancelled all holidays to the country.

Tui’s rival Thomas Cook also took a hit from the terrorist attack in Tunisia and the financial crisis in Greece.