TUI Travel reports underlying operating result improved by GBP20m in 1QFY2011

TUI Travel reports (27-Jan-2011) underlying operating result improved by more than GBP20 million for the three months ended Dec-2010. The company reports the following trading trends for winter 2010/11:

• Bookings*:
  • UK: +3% year-on-year;
  • Nordic Region: +28%;
  • Germany: +5%;
  • France Tour Operators: +7%;
  • Belgium: +12%;
  • Netherlands: +11%. [more]

*Cumulative bookings at 16-Jan-2011.