TUI Group today reported provisional results for the first six months of the fiscal year ending March 31, 2015, including news about the Mein Schiff 1 and 2, which will be transferred to Thomson Cruises in the near future.
The cruises resulted in a significant increase in profitability for the company, according to the results.
“Hotels and Resorts is performing well and the cruise area continues to grow, with the launch of the Mein Schiff 4 this June and also with the improved fleet performance by Hapag-Lloyd Cruises,” said TUI Group CEOs Friedrich Joussen and Peter Long.
Hapag-Lloyd Kreuzfahrten announced a significant turnaround based on improved operating performance, according to the company, while TUI Cruises continued its growth with a €15m year-on-year improvement following the successful launch of Mein Schiff 3.
The report also stated: “As part of exercising our purchase option, it was agreed that Mein Schiff 1 and Mein Schiff 2 will be transferred to Thomson Cruises over the next few years to further modernize our UK cruise operations. These two steps support our growth and chart the roadmap for modernization in the cruise segment.”.
Thomson is already scheduled to acquire the Splendour of the Seas next spring, and will retire the island escape later this year.
