Travel Company Feels the Pinch in Uk Market

Evening GazetteMay 11, 2007

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Summary


Thomson tour company TUI today said difficult market conditions in the UK had caused wider first-quarter losses at its Northern Europe division.

The group, which is in the process of merging its travel operation with First Choice, reported underlying losses of 117 million euros (pounds 79.6m) for the region in the first three months of 2007, against 92 million euros a year earlier.

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Travel Company Feels the Pinch in Uk Market

The seasonally quieter trading period usually produces neg...

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