Tiu Travel PLC Was Created In A Essay

PAGES
2
WORDS
643
Cite

TIU Travel PLC was created in a merger between First Choice Holidays PLC and the Tourism division of TIU AG. Their goal was to establish the largest firm for regional European Airlines. They currently own 8 carriers and severe a total of 150 destinations in 9 different European countries. (Market Overview 2013) (About Us 2013) Moreover, they have other segments they are serving to improve the travel experience for its customers. The most notable include: accommodations / destinations and recreational activities. These areas are designed to provide them with a much better experience and enhance the kinds of services they are receiving as a part of their vacation. To determine the fiscal position of the firm requires focusing on the current, ROC, Gearing and interest to cover ratios for the last two years. Together, these variables will illustrate if the business model is economically viable and its long-term impact on cliental. (Market Overview 2013) (About Us 2013)

Current Ratio

The current ratio is used to determine the company's ability to pay its outstanding debt. In general, any number below 1.0 is indicating that the firm is having challenges meeting its short-term obligations. TIU Travel PLC experienced a decline in these figures from 2012...

...

This is illustrating how the company has the ability to deal with these kinds of issues. (Balance Sheet 2013) (Drake 2012)
ROC

The rate of change is looking at how the stock has performed during the last two years. In 2012, the price increased a total of 72.5% with shares rising from £1.46 to £2.83. For 2013, the stock increased from £2.87 to £4.03. This is a 100% increase during this time. These figures are showing how the firm has been performing very well during the last two years. This is because the company is experiencing an increase in earnings and their financial position. (Pricing 2013) (Drake 2012)

Gearing

The Gearing ratio is comparing the owner's equity to the total amounts of borrowed funds. This offers insights as to how effectively they are making their business grow. It is based upon their working capital and outstanding loans. In the last two years, these levels have increased from 65.95% to 84.35%. This is indicating that the company has been financing their growth through taking on more debt in comparison to equity. (Balance Sheet 2013) (Drake 2012)

Interest Cover

The interest to cover is used to determine how easy…

Sources Used in Documents:

References

About Us, 2013, TIU Travel PLC. Available from: [26 December 2013].

Balance Sheet, 2013, TIU Travel. Available from: [26 December 2013].

Market Overview, 2013, TIU Travel PLC. Available from: [26 December 2013]

Pricing, 2013, TIU Travel. Available from [26 December 2013].


Cite this Document:

"Tiu Travel PLC Was Created In A" (2013, December 26) Retrieved April 26, 2024, from
https://www.paperdue.com/essay/tiu-travel-plc-was-created-in-a-180335

"Tiu Travel PLC Was Created In A" 26 December 2013. Web.26 April. 2024. <
https://www.paperdue.com/essay/tiu-travel-plc-was-created-in-a-180335>

"Tiu Travel PLC Was Created In A", 26 December 2013, Accessed.26 April. 2024,
https://www.paperdue.com/essay/tiu-travel-plc-was-created-in-a-180335

Related Documents

Bangkok, the capital of the country, can present the visitor with an out of body experience, with a focus on religion, history and a larger-than-life temple. In contrast with Thailand, Brazil is just a few hours' flight away, and in the same time zone as the East Coast of the U.S. In Brazil, one could visit any of the three large cities: Rio de Janeiro, Sao Paolo or Brasilia, the

The Stellenbosch Wine Route covers the area around that city; the Constantia wine route is the oldest in Africa and the Durbanville wine route is an up-and-coming tour with unique cellars, horse racing and ample opportunities for high-adventure outdoor recreation (South Africa Guide, 2010). Many wineries and towns along these routes now have guesthouses to host visitors, and wonderful restaurants, to create the most idyllic experience possible. Back in the

A company's success or survival, no matter the field it operates in, relies on the satisfaction that the company is able to provide for its clients. Research Scope The scope of the research regards the synthetic definition of the information that must be obtained through this research. The scope of this research project is determining and evaluating the current situation and estimating the future situation of high street travel agents compared

Yet, there is still tremendous opportunity for many procurement organizations of travel industry operators to improve their performance as a significant gap exists between the Best in Class companies and the rest of the field. Best in Class enterprises understand that technology is a process-enabler, not a process in and of itself; successful organizations have efficient, proven processes in place before introducing a new technology. This translates into patience in

Travel and Tourism U.S. China Compare and Contrast USA & China -- Implications of Political Change Statistics indicate that now more than ever tourism is booming among the Chinese, with Chinese tourists numbering just under 41 billion in 2007, a number that was up 18.6% from the previous year (Xola, 2008, p.2). Roughly 90% of those tourists traveled within other Asian countries, with just 3% traveling to U.S. destinations (Xola, 2008; Roy,

Similarly, in a study of 60,000 Internet users, Forrester found that the number of people booking online travel has dropped by 9% from 2005 to 2007. Apparently, found Forrester, people do not like to spend hours using search filters to sort through billions of pages. Also, these travel websites consumers want to talk to a person about their travel needs. Instead of typing in their needs into their computer and