TUI Group eyes 1 billion euro earnings as post-merger efforts kick in

TUI Group , the world's largest leisure tourism group, said it was on track for earnings of around 1 billion euros (£741 million) in the current financial year as it reported narrowed losses in its first set of quarterly results. TUI Group was formed in December by the merger of London-listed TUI Travel and German majority owner TUI AG . It said it would also ensure greater cooperation between cruise units Thomson Cruises and TUI Cruises. The travel sector, comprising the former TUI Travel