TUI issues 10-week fuel shortage update while industry fears ‘millions face cancelled summer flights’

are growing across the world around what time we might ‘run out’ of fuel, and how this might impact industries that are heavy on their consumption, such as travel.

And while Ryanair is already cutting its routes for later this year, with 700,000 seats lost across Europe, TUI is doing its best to calm passenger nerves.

Mathias Kiep, CFO of Tui Group, continue reading …