Latest news with #packageholiday
Bloomberg
7 days ago
- Business
- Bloomberg
TUI Shares Surge as Package Holiday Firm Raises Profit Outlook
TUI AG surged as much as 5% after the German package-holiday operator raised its guidance for the financial year. Underlying earnings before interest and tax are now expected to rise in the range of 9% to 11% from a year earlier, the company said Tuesday in a statement. That's above TUI's prior forecast for a gain of 7% to 10%.
Telegraph
16-05-2025
- Business
- Telegraph
This airline's turbulent share price offers an expensive lesson in panic selling
Questor is The Telegraph's stock-picking column, helping you decode the markets and offering insights on where to invest. Jet2's recent share price performance highlights why investors in high-quality companies should never engage in panic selling. In February, the airline and package holiday company released a trading update that stated its concerns regarding profit margins amid rising costs and an uncertain consumer environment. The firm forecast a pre-tax profit of £560m-£570m for the 2025 financial year, which was in line with previous guidance to beat market expectations of £541m. Its shares nevertheless slumped by 11pc on the day of the trading update's release as investor sentiment materially declined. Towards the end of April, however, the company released another trading update that prompted a resurgence in investor sentiment. It confirmed that pre-tax profit is expected to be £565m-£570m for the 2025 financial year, which represents a 9pc rise versus the prior period. Alongside a relatively upbeat assessment of the company's prospects for the 2026 financial year, with price rises helping to offset cost increases, the second trading update prompted a share price surge of 16pc on the day of its release. Investors who sold out of Jet2 in panic after the first trading update in February will therefore have missed out on the stock's subsequent recovery following the second trading update in April. In Questor's view, they are likely to further miss out on the company's additional growth over the coming years.
The Independent
06-05-2025
- The Independent
Fancy Corfu for £22 a day? The bargain early summer holiday offers as travel firms slash prices
Package holiday prices for Greek islands in May have fallen to just £22 a day – below £1 per hour. Tui is selling a one-week trip to Corfu for £156 on Friday 16 May. The Greek island package, based on two sharing, includes flights from London Gatwick (with baggage), transfers and self-catering accommodation with breakfast at the family-run Hotel Theo. A Blue Flag beach is a 15-minute walk away. It is one of many excellent deals for travellers between the May bank holidays in the UK. But just one week later – on 23 May – the price increases almost five-fold to £747 because of the late May half-term. Many of the bargains are to the eastern Mediterranean. Jet2 Holidays is selling one-week packages from Luton to Icmeler on the Turkish Riviera for only £196, self-catering, on Thursday 8 May. An all-inclusive deal to the Club Alize in Marmaris is available on the same day for £362 – barely £50 a day for flights, accommodation and all the holidaymaker can eat and drink. The best easyJet Holidays offer from Bristol to Marmaris on Wednesday 14 May is £244, staying at the three-star Grand Villa Sol. Tui, Europe's biggest holiday company, has sub-£200 deals to other destinations, including from Gatwick to the Greek islands of Kefalonia on 8 May and Thassos on 11 May. Thassos is highly recommended by The Independent and includes a half-hour ferry crossing on the journey from Kavala airport. Tui says the average daily high in May is 25C. For other countries and departures from other UK airports, Jet2 Holidays has a wide range of offers. On Thursday 15 May, the company is offering a week in San Antonio in Ibiza for £214, including flights from Bournemouth. The price from East Midlands is £228. Flight-only bargains are also widely available. Booking just one day ahead from Manchester to Genoa – hub for the Italian Riviera – for Wednesday 7 May costs just £42 return on Ryanair, with minimum baggage and no seat selection. North Africa from Scotland is also implausibly cheap. On 14 May, easyJet has a fare of only £62 return from Edinburgh to Agadir in Morocco, again with limited cabin baggage – though the airline seeks to seat passengers together even if they choose not to pay. Ryanair and easyJet are competing on the route from the Scottish capital to the Atlantic resort in the southwest of the kingdom. The return journey covers 3,600 miles. Jet2 has also launched a big programme of flights to Morocco. As Global Airlines prepares to fly for the first time from Glasgow to New York JFK, out on 15 May and back on 19 May, its fare of £778 is more than twice the cheapest nonstop deal on the same dates from Manchester to Manhattan on Virgin Atlantic – currently £368 return.
