Tour operator Tui faces deepening losses

Tour operator Tui suffered widening losses in the first half of its financial year as it struggles with changes in consumer booking patterns and the residual effects of the UK’s unseasonably warm summer in 2018. Tui has twice this year warned on profits, but on Wednesday maintained its current full-year guidance. Tui has 15 of the 737 Max planes in its 150-strong fleet with eight more on order.