Tui, Europe's largest travel firm, reported a €17m loss in its markets and airlines division for Q3, citing weaker demand, high fuel prices, and competition. The Iran conflict has cost €60m so far, with two cruise ships out of service for 12 weeks. Pre-tax profits fell 43% to €153m, and customers dropped 3% to under 10 million.
Tui cites Iran war and living costs for last-minute bookings
Source: theguardian.com