TUI Profit Takes a Hit From Max Grounding

Source: Travel News

TUI

A close-up of one of TUI’s Boeing 737 Max 8 aircraft. The company has taken a financial hit from the worldwide grounding. TUI

Skift Take: The Max grounding overshadowed a decent set of results. TUI will be hoping the safety issues are ironed out well in advance of next summer, the period when profits can be the most robust.

— Patrick Whyte

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TUI Profit Takes a Hit From Max Grounding