Europe's largest travel company Tui Travel has warned on profits and blamed the uncertainty created by the emergency budget causing British holidaymakers to leave it to the last minute to book their foreign travel as they search for cheap deals.
The company said its annual profits will be at the bottom end of forecasts, sending its shares down by 10% in early trading.
According to a recent report, the downfall of the tour firm Goldtrail, is creating panic among the airline passengers in the UK.
Goldtrail provides trips to its customers to Greece, Turkey and other destinations. More than 16,000 tourists were stranded at the airport due to the collapse of the topmost travel Company in the UK.
According to Dean Finch, the person who took in charge of the running of the rail and bus operator in February expressed that he is yet to ask formally the new Government that the company might be permitted to hold for the bid for the new train franchises.
The Queensland Government will invest $4 million to give away 400,000 new Go Cards for use on the southeast's public transport network.
Premier, Anna Bligh on Monday said that the ‘great Go Card giveaway’ would be done at community affairs, online and through newspapers to promote those who are not already passionate users to switch from paper tickets.