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Tui braces for Brexit

Tui braces for Brexit

As Brexit negotiations progress, travel companies anxiously await a decision on future travel arrangements between the UK and the rest of Europe. Tui (TUI) bosses believe Brexit is the largest risk currently facing the company, but are hopeful this will cease to be the case as either political negotiations secure continued access to EU airspace, or the company implements a strategy to help mitigate Brexit risks. Tui's plan of action includes lobbying UK and EU ministers to stress the importance of an open aviation market to consumer choice, and establishing a Brexit steering committee to assess any impacts on its business model.

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