TUI Narrows 2026 Profit Outlook Amid Conflict
German tour operator TUI narrowed its underlying operating earnings outlook for 2026. The company cited later bookings by customers due to ongoing conflict in the Middle East.
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TUI AG narrowed its 2026 underlying operating earnings outlook to a range of €1.2 billion and €1.3 billion ($1.4 billion and $1.5 billion) on Tuesday morning, citing later customer bookings amid ongoing conflict in the Middle East. Shares in Germany fell 1.7% soon after markets opened. The adjustment follows an earlier forecast cut in March after hostilities involving the United States, Israel, and Iran disrupted regional stability and spiked fuel expenses.
