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flag Tui cuts profit forecast due to Middle East conflict and higher fuel costs.

flag Tui, Europe's largest travel operator, has cut its full-year profit forecast to between €1.1 billion and €1.4 billion, down from €1.5 billion to €1.6 billion. flag The company cited the ongoing Middle East conflict, which disrupted operations and increased jet fuel costs, as the primary reason for the downgrade. flag This led to repatriations of passengers and staff, canceled cruises, and a shift in travel demand toward western European destinations.

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