Category Archives: TUI Airlines Belgium

BOC Aviation delivers seven Boeing 737-8 MAX 8 aircraft to TUI

BOC Aviation Limited has announced that it has delivered the seventh of seven new Boeing 737 MAX 8 aircraft for lease to TUI Travel Aviation Finance Limited. All aircraft are powered by CFM LEAP-1B engines.

TUI is the world’s leading tourism group. The broad portfolio gathered under the Group umbrella consists of strong tour operators, 1,600 travel agencies and leading online portals, five airlines with around 150 aircraft, over 400 hotels, 15 cruise liners and many incoming agencies in all major holiday destinations around the globe.

TUI fly Belgium to put the Boeing 737 MAX back into service

TUI fly Belgium (TUI Airlines Belgium) is planning to put its first grounded Boeing 737-8 MAX 8 (OO-MAX) back into revenue service tomorrow (February 17) from Brussels to Malaga and Alicante according to Belgium Airport.

TUI fly Belgium aircraft photo gallery:

TUI fly Belgium aircraft slide show:

TUI Group reports a €3.0 billion annual loss, but is upbeat for 2021

TUI Group has issued this financial report for the fiscal year (October 1, 2019 through September 30, 2020):

  • Global reorientation measures accelerated and cost target raised: annual savings of 400 million euros announced
  • Demand for travel is rising: 50 percent of the program for May 2021 already booked
  • Summer 2021: average prices +14 percent – bookings 3 percent higher than for summer 2019
  • Revenue in Corona year reaches 7.9 billion euros1 (previous year: 18.9 billion euros)
  • Significant cost reductions limit loss for the full year:underlying EBIT -3.0 billion euros1 (previous year: 893.5 million euros)
  • TUI has liquid funds amounting to 2.5 billion euros2
  • CEO Fritz Joussen: “Very rapid cost and liquidity measures, an accelerated realignment and our flexible business model have enabled us to steer the Group through the crisis. TUI is ready for a speedy and successful resumption of travel activities as soon as the lockdowns are lifted and destinations reopen. The prospect of vaccinations from the beginning of the year will significantly increase demand for summer holidays in 2021. We are prepared for a new start after the crisis”.

TUI is preparing intensively for a new start in 2021 after the corona crisis year 2020. The pandemic is not over, but there is light at the end of the tunnel and the prospects for tourism and for TUI are good. The demand for holiday travel is there – consumers in all age groups say that traveling is one of the most missed activities for them in the Corona year. 2021 will be a transition year for tourism, and 2022 is expected to see a return to pre-Corona levels. In particular, the holiday sector will recover faster than the sector as a whole. TUI had made an excellent start to the financial year before the outbreak of the pandemic, but the worldwide travel warnings since March 2020 then forced the Group to largely discontinue business. Among other things, there was no Easter business, no travel at Whitsun and only very limited summer business in the Corona crisis year 2020. The Group introduced cost-cutting and financing measures at an early stage and accelerated the global realignment. In addition to securing additional liquidity, extensive cost-cutting projects were launched. The long-term goal of reducing annual costs has been raised from the previous 300 million euros to the current 400 million euros.

Fritz Joussen, CEO of the TUI Group: “The rapid measures to cut costs and secure liquidity are important for the Group. They are a stable foundation for the future. TUI was in perfect health before the crisis and we want to return to our former strength as quickly as possible. The market is intact, our business model is future-proof and customer demand is there. Holiday travel remains very relevant for people. At the same time, international tourism is strengthening the southern euro zone and North Africa in a special way. We are very well positioned to resume operations on a larger scale as soon as the lockdowns are lifted and destinations are reopened. Our business model with our own tour operators, the travel agencies, aircraft, hotels and ships under the TUI umbrella makes a resumption possible very quickly. The prospect of successful vaccinations from the beginning of the year makes us confident. All indicators point to a successful restart of the travel business as soon as the pandemic is over. We are prepared for this new start. We are consistently continuing the change we have initiated in order to be better and more efficient after the crisis”.

Group transformation accelerated – TUI becomes more digital, leaner, more efficient
The transformation and expansion of the Group’s digital platforms, which was initiated before the crisis, is being implemented consistently and has received a further boost in the pandemic. In all areas of the Group, the pandemic has further accelerated the digitalization of the business. Wherever it is in the interest of the customer, services will be digitalized even more in the future. The maxim is more and better service for the benefit of the customer. At the same time, digitalization offers considerable potential for efficiency and cost reduction. A comprehensive cost-reduction program was launched in the spring.

Cost reductions implemented in the short term limit loss for the year as a whole – revenue at around 8 billion euros
The first five months of the 2020 financial year (October 2019 to February 2020) were very successful for TUI, with a record booking rate of +14 per cent in January. In mid-March, the Group had to completely discontinue all travel activities due to the worldwide travel warnings. The tourism group was only able to generate revenue again when it was able to fly its first holiday guests to Majorca in mid-June in a pilot project and a limited resumption of operations from July onwards. Greece was particularly strong as a holiday destination in 2020. Since the new start in the summer, TUI has safely made holidays possible for more than two million guests. Underlying EBIT on a constant currency basis totaled -3.0 billion euros(previous year 893.5 million euros). Revenue amounted to 7.9 billion euros and was 58 per cent down on the previous year (18.9 billion euros). The sale of Hapag-Lloyd Cruises to the joint venture TUI Cruises, jointly operated with the Royal Caribbean Group, was initiated before the crisis. The transaction was successfully completed in the summer despite the difficult crisis environment. The proceeds additionally improved the Group’s liquidity. In addition, TUI had reached an agreement with Boeing to compensate for the consequences of the 737 MAX flight ban.

Financing and liquidity secured for ongoing pandemic
In view of the persistently volatile market environment and the continuing travel restrictions, TUI AG has agreed an additional financing package totaling 1.8 billion euros with private investors, banks and the German government. The package agreed last week includes a capital increase with subscription rights of around 500 million euros, the Group’s anchor shareholder has already confirmed his participation. It also includes a convertible silent participation of the Economic Stabilization Fund in the amount of 420 million euros. The financing package strengthens TUI’s position against the backdrop of increasing travel restrictions due to a renewed rise in the number of infections and the associated shorter-term booking behavior of some customers. The Group is securing liquidity during the ongoing pandemic.

Forecast for resumption of extensive travel activities in 2021 not reliably possible 
Due to the continuing high incidence of infection and the resulting lockdowns in the markets and only a few available travel corridors, it is not possible at this stage to make a reliable forecast of the extent and period of travel activity in 2021. At present, trips from the most important core markets can be made in particular to the Canary Islands as a popular winter destination. Cruises around the Canary Islands without shore leave (Blue Voyages) also take place.

Total bookings across all markets for winter 2020/21 are currently 82 per cent lower than in the previous year, roughly in line with the reduced capacities. Average prices are four per cent higher. Bookings for summer 2021 are three per cent higher than for the regular summer 2019. Average prices for the summer 2021 program are currently 14 per cent higher than for 2020.

Positive outlook for the tourism sector and TUI after the pandemic
The unbroken high level of consumer interest in holidays promises a rapid recovery for the holiday sector if the Corona situation eases. Tourism will remain a growth industry in the long term. As a safe and reliable form of travel, package tours in particular will play an important role in the resumption of travel. The cruise segment is also expected to see a complete resumption of business as soon as vaccines become widely available. The restart of cruises in summer 2020 has demonstrated the great interest of customers. With strong holiday brands, differentiated products and broad-based distribution in the key European markets, TUI is well positioned to get back on track successfully after the pandemic.

All photos by the group.


1) Pro forma calculation according to IAS 17

2) As of 30 November 2020, including 3rd financing package and redemption of the senior bond in the amount of 300 million euros

TUI fly Belgium asks for a livery design for a leased AirExplore Boeing 737-800

TUI fly Belgium will be leasing a Boeing 737-800 from AirExplore for this upcoming summer season. The airline is asking its social media readers to help design a livery for the summer lease:

“In the busy summer months we rent extra planes to bring everyone to their destination. But such a white aircraft is of course a bit boring … That’s why we ask you if you want to make a creative, unique, funny, eye-catching design for our AirExplore Boeing 737-800. This will take off and land all summer at Brussels Airport. Upload your design for the tail and fuselage of the aircraft before Sunday, March 1, 2020 at 11.59 pm. Good luck!

For more information: CLICK HERE

 

TUI fly Belgium to fly to Ohrid and Pula

TUI fly Belgium (TUI Airlines Belgium) has announced it will be offering two new seasonal destinations in the Balkans in its 2020 summer schedule: Ohrid (North Macedonia) and Pula, Istria (Croatia).

Ohrid will be served weekly from June 6, 2020.

Pula will be served twice-weekly from Brussels from April 25 to October 2, 2020.

TUI fly is a brand name of TUI Airlines Belgium nv. TUI fly is a part of TUI Group, the largest tourism group in the world, with its headquarters in Hannover, Germany.

TUI fly (Belgium) aircraft photo gallery:

TUI fly Belgium is flying from select U.S. and Canadian cities to the Caribbean with 8 Boeing 737-800s

Named "Elegance"

TUI fly Belgium issued this statement:

To make optimal use of its fleet during the less busy winter season in Europe, TUI fly Belgium is operating charter flights from Canada and the United States. A total of eight Belgian registered aircraft (and Belgian crews) are flying tourists to and from exotic – and warmer – destinations.

The holiday airline is operating for Apple Leisure Group (ALG), a vertically-integrated travel and hospitality conglomerate focused on packaged travel and resort/brand management in Mexico and the Caribbean. And for two charter airlines: Sunwing Airlines and Miami Air, the latter, however, without Belgian crew.

Eight Boeing 737-800 Next-Generation aircraft

OO-TUK / OO-SRO / OO-JAV / OO-JAU / OO-TUV / OO-JAY / OO-JEF / OO-JAQ

© Ivan Coninx

Five different bases in Canada and the United States

Milwaukee Airport is the biggest overseas base with three aircraft, two aircraft are allocated to Ottawa Airport and one aircraft at the airports of Lansing, Chicago Rockford and Miami.

A wide range of destinations (*)

From Chicago Rockford (United States):

  • Cancun, Mexico
  • Punta Cana, Dominican Republic
  • Liberia, Costa Rica

From Hamilton Airport (Canada):

  • Varadero, Cuba

From Lansing Airport (United States):

  • Liberia, Costa Rica
  • Cancun, Mexico
  • Punta Cana, Dominican Republic
  • Montego Bay, Jamaica

From Milwaukee (United States):

  • Montego Bay, Jamaica
  • Cancun, Cozumel, Puerto Vallarta & Los Cabos, Mexico
  • Punta Cana, Dominican Republic
  • Liberia, Costa Rica

From Ottawa Airport (Canada):

  • Cancun, Puerto Vallarta & Los Cabos, Mexico
  • Holguin, Cayo Coco, Varadero & Santa Clara, Cuba
  • Montego Bay, Jamaica
  • Punta Cana & Puerto Plata, Dominican Republic

From Windsor Airport (Canada):

  • Montego Bay, Jamaica
  • Varadero, Cuba
  • Santa Clara, Cuba

(*) this list might not be complete, but it shows TUI fly Belgium’s extensive network in the United States and Canada.

Top Copyright Photo: TUI Airlines (Belgium) Boeing 737-8K5 SSWL OO-JAY (msn 40944) PMI (Ton Jochems). Image: 938358.

TUI fly Belgium aircraft slide show:

TUI fly Belgium to divert its flights on February 13

TUI Airlines (Belgium) Boeing 737-8K5 WL OO-JAQ (msn 35148) AYT (Andi Hiltl). Image: 945636.

TUI fly Belgium (TUI Airlines Belgium) (Brussels) has announced it will divert its flights to and from Belgium on February 13 due to a national strike. The airline will divert its flights to neighboring France and the Netherlands airports and bus the passengers to Brussels.

The airline has a network of 180 routes and flies to more than 100 airports. TUI fly is the second largest Belgian airline company.

TUI fly was founded at the end of 2003 and started operations in March 2004 with 5 aircraft.

The airline now has 17 aircraft:

Top Copyright Photo (all others by the airline): TUI Airlines (Belgium) Boeing 737-8K5 WL OO-JAQ (msn 35148) AYT (Andi Hiltl). Image: 945636.

TUI fly Belgium aircraft slide show:

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SmartLynx Airlines and TUI Airlines Belgium sign a 3-year contract

Airline Color Scheme - Introduced 2008

SmartLynx Airlines has issued this statement:

Cooperation between the two companies began in 2016 when Latvian based ACMI provider wet-leased 2 aircraft to Belgium airline for a busy summer season.

The collaboration proved to be successful and continued during the following seasons with the increasing number of units leased each year.

At the end of 2018, SmartLynx Airlines and TUI Airlines Belgium reached their most ambitious agreement to date.

Starting in 2019, for 3 summer seasons in a row, 4 SmartLynx aircraft will be flying under TUI flight numbers sharing best business practices together. Belgium is considered to be the base for the 2019 operations and the bases for the remaining contract term will be decided.

Top Copyright Photo (all others by the airline): SmartLynx Airlines (Latvia) Airbus A320-211 YL-BBC (msn 142) AYT (Ton Jochems). Image: 907247.

SmartLynx aircraft slide show:

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TUI Group takes delivery of its first Boeing 737-8 MAX 8

TUI's first Boeing 737-8 MAX 8, delivered on January 29, 2018

TUI Group, the world’s largest tourism business, is celebrating the delivery of the operator’s first Boeing 737-8 MAX 8 (OO-MAX). TUI Airlines (Belgium) is the TUI Group operator of the new type.

The 737 MAX delivers the highest efficiency, reliability and passenger comfort in the single-aisle market by incorporating the latest technology CFM International LEAP-1B engines, Advanced Technology winglets, the Boeing Sky Interior, large flight deck displays, and other improvements. The efficiency gains have helped make the MAX the fastest selling airplane in Boeing history with more than 4,300 orders to date from 92 customers worldwide.

TUI Group has 51 additional orders of the 737 MAX 8 and four 787 Dreamliners. The Group also has 18 unfilled orders for the 737 MAX 10 and was the first European operator to select the latest and largest member of the 737 MAX family of airplanes.

The pictured OO-MAX was officially handed over on January 29, 2018. OO-MAX went into revenue service on February 5, 2018 between Brussels and Tenerife Sur (TFS).

Copyright Photo: TUI Airlines (Belgium) Boeing 737-8 MAX 8 OO-MAX (msn 44588) BFI (Joe G. Walker). Image: 940811.

TUI Airlines (Belgium) aircraft slide show:

The first TUI Airlines Belgium Boeing 737-8 MAX 8 emerges from the paint shop

TUI Airlines Belgium's first Boeing 737-8 MAX 8

TUI Airlines Belgium (Brussels) has 15 new Boeing 737-8 MAX 8s on order.

The first has emerged from the paint shop and is pictured at Boeing Field in Seattle.

OO-MAX is named “Tenerife Alegria”. In December the airline held a social media contest to name the first three MAX 8 aircraft:

We selected our 6 favorite entries for the 3 new Boeing 737 MAX. Vote for the 3 new names through 3 polls on our Instagram stories! @tuiflybelgium → https://www.instagram.com/tuiflybelgium/

Top Copyright Photo (all others by TUI): TUI Airlines (Belgium) Boeing 737-8 MAX 8 OO-MAX (msn 44588) BFI (Brandon Farris). Image: 940766.

TUI Airlines Belgium aircraft slide show: