Company Profile For TUI Travel Plc

TUI Travel PLC is an international leisure travel group. The Company operates in three sectors: Mainstream, Specialist Holidays and Activity Holidays. The Mainstream Sector is engaged in the distribution and tour operation businesses in Northern Europe, Central Europe and Western Europe. The Specialist Holidays Sector operates a business model characterised by destination and lifestyle specialism, flexible accommodation and flying arrangements, and various brands in each source market. The sector consists of three segments: Destination, Premium and Lifestages. Activity Holidays Sector operates in three market segments, Marine, Adventure and Experiential. The Online Destination Services Sector consists of incoming agencies that provide guest assistance, transfers, excursions and roundtrips services to the Company and third party tour operators and their clients. In September 2007, First Choice Holidays plc and the Tourism Division of TUI AG was merged to form TUI Travel PLC.

BRIEF: For the nine months ended 30 June 2009, TUI Travel PLC's revenues increased 2% to £8.95B. Net loss from continuing operations decreased 43% to £297M. Revenue reflects an increase in sales from Mainstream sector and Specialist sector segments. Lower loss also reflects an increase in gross margin, decreased administrative expenses, an increase in share of profit of joint ventures and a decrease in financial expenses.