TUI Revises Profit Forecast Amid Middle East Uncertainty

by THEFUTURE.TEAM

April 23, 2026

TUI Group has lowered its underlying operating profit outlook and withdrawn revenue guidance amid continued uncertainty linked to the conflict involving Iran. The company’s shares fell by 2.6% on Wednesday following the announcement, reflecting investor caution.

Geopolitical Tensions Disrupt Market Outlook

TUI, which operates its own fleet of aircraft, remains exposed to travel demand volatility and fluctuations in jet fuel supply and pricing. Industry peers, including easyJet and Wizz Air, have also warned about weakening market conditions. Bernstein analysts noted that TUI shares have declined by approximately 25% over the past three months, indicating sustained pressure on the sector. Geopolitical instability continues to affect booking patterns, travel confidence, and operating costs across European travel and aviation markets.

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Earnings Outlook And Revenue Challenges

TUI now expects underlying earnings before interest and taxes (EBIT) for the fiscal year ending September 30, 2026, to fall within a range of €1.1 billion to €1.4 billion. This compares with previous guidance that projected a 7% to 10% increase from a €1.4 billion base. The downward revision reflects ongoing uncertainty linked to the Middle East and shifting demand across key destinations, including Turkey, Cyprus, and Egypt. Changes in consumer behavior, particularly in short-term bookings and destination preferences, are also contributing to softer revenue visibility.

Strategic Measures And Operational Resilience

In response, TUI has emphasized its efficiency programmes and hedging strategies as key tools to manage cost pressures. The company remains approximately 83% hedged on jet fuel for the summer season, helping to limit the impact of price volatility. Operational capabilities have also been highlighted, including the repatriation of around 10,000 travelers in March as part of crisis response measures. These actions indicate a focus on maintaining operational continuity while managing external risks.

Sector Implications And Future Outlook

Across the European airline and travel sector, companies are preparing for continued disruption. Capacity adjustments and potential profit warnings are expected as operators respond to fuel cost pressures and uncertain demand. TUI’s revised outlook reflects broader industry dynamics, where geopolitical risk, energy market volatility, and shifting consumer patterns are shaping near-term performance.

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Cyprus Expects More French Visitors In 2027 As Air Capacity Expands

by THEFUTURE.TEAM

September 18, 2026

Cyprus expects more French visitors in 2027 as airlines increase capacity between the two countries, Tourism Deputy Minister Kostas Koumis said after meetings with tour operators in Paris.

France, one of Cyprus’ key tourism markets, has had a difficult 2026. French arrivals fell 46% year over year to 8,453 in August, from 15,663 a year earlier, according to the Statistical Service of Cyprus (Cystat). August arrivals were also nearly 50% below the 16,798 recorded in the same month of 2024.

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Overall, Cyprus received 2.82 million tourist arrivals between January and August, down 7% from the same period in 2025.

Air Connectivity Supports 2027 Outlook

Koumis discussed the 2027 outlook with senior executives from tour operators offering Cyprus holidays during the IFTM Top Resa travel trade fair in Paris.

Higher air capacity between France and Cyprus was a key focus of the talks. Participants also discussed the impact of geopolitical tensions in the Middle East on the French market and Cyprus’ efforts to adapt its tourism offering to French travelers.

“The French market is undoubtedly an extremely important market for our country’s tourism,” Koumis said, adding that France had regained importance only a few years ago and still had room to grow.

Improved air connectivity will be an important factor in that expansion, according to Koumis. “It is now clear that air connectivity between France and Cyprus is improving significantly, which is a basic prerequisite for the further growth of the market,” he said.

Cyprus Promotes Tourism And Regional Cooperation

Koumis attended the opening of IFTM Top Resa at the invitation of French Tourism Minister Serge Papin, who later visited the Cyprus stand. Held from Sept. 15 to 17 at Paris Porte de Versailles, the event brought together more than 32,000 tourism professionals representing 177 destinations and 1,650 brands, according to organizers.

During his visit, Koumis also met Egyptian Tourism Minister Sherif Fathy. Cyprus and Egypt reaffirmed their tourism cooperation and discussed opportunities to strengthen ties further.

French media interviews covered Cyprus’ tourism offering, infrastructure and services, along with efforts to develop specialized tourism products. Regional instability weighed on arrivals in 2026, particularly during the spring, although the decline narrowed over the summer.

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