Travel giant TUI posts surprise early winter profit amid Europe's holiday boom

Airlines are entering this year with robust outlooks as travel demand is expected to surpass pre-pandemic levels

TUI reported an operating profit of €6m in the three months to the end of December, versus a loss of €153m in the year-earlier period. 

Europe's largest travel operator TUI has reported far better-than-expected quarterly results as it swung to a profit on the back of robust travel demand in the run-up to the winter months.

TUI reported an operating profit of €6m in the three months to the end of December, versus a loss of €153m in the year-earlier period.