The conviction of Abdul Patel, 59, of Edmonton, London, follows 12 earlier convictions related to Star and Key Travel across two previous trials, making this one of the largest ever cases of travel sector fraud.
The company, which took trips off sale for the majority of the summer, reported a total loss of £37 million for financial 2021, compared to a loss of £46 million the previous year.
The Advantage Travel Partnership will move out of its head office as it restructures its operation. The company said it would move to a hybrid working environment for all head office-based staff.
Tui Group has reported a €2.4 billion loss for the financial year as it battles back from the Covid-19 pandemic. The figure is an improvement on losses of €3.5 billion seen the year before.