Aviation
TUI Profits Drop 43% Amid Geopolitical Drag, But Travel Demand Holds Firm
TUI Group, Europe’s largest holiday operator, reported a 43% decline in third-quarter pre-tax profits to €153.4 million, weighed down by elevated fuel costs and geopolitical uncertainties in the Middle East. Despite the earnings drop, the travel giant reaffirmed its full-year profit outlook, citing strong late-booking momentum and underlying