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TUI Revises Profit Forecast Amid Middle East Uncertainty

TUI Group has lowered its underlying operating profit outlook and withdrawn revenue guidance amid continued uncertainty linked to the conflict involving Iran.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.

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.

Starbucks Wins ‘Best Workplace / Employer Of Choice At The 18th IN Business Awards

Starbucks was recently awarded the ‘Best Workplace / Employer of Choice’ award at the 18th IN Business Awards in Greece — a recognition that reflects the company’s philosophy and its ongoing investment in its people.

This distinction confirms Starbucks’ commitment to creating a work environment defined by respect, collaboration, inclusivity, and equal opportunities for all. Starbucks consistently fosters a culture that encourages growth, authenticity, and participation since people are always at the center.

“At Starbucks, our success is rooted in our people. This recognition is a testament to our team’s dedication to nurturing a space where everyone can express themselves, grow equally, and deliver exceptional experiences to our customers,” said Pambis Anastasis — District Manager of Starbucks, who received the award.

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Through modern development and employee support practices, Starbucks meaningfully invests in the continuous training and empowerment of its workforce, offering learning opportunities, mentorship, and career advancement at every stage of their journey.

The company also promotes an inclusive workplace where every employee feels a sense of belonging, can express themselves freely, and grow equally. This approach is a core element of Starbucks’ identity and is reflected both in the company’s internal culture, and in the experience it delivers to customers.

Winning at the prestigious IN Business Awards is a great honor for Starbucks and serves as a strong affirmation that its people are always at the heart of every step it takes.

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