For the winter '08-'09 season, TUI Travel said it was more than 90% sold "in all key source markets." Winter sales are also down 7% in the activity sector. In its outlook for the year ahead, the company said it expected a flat booking profile "as some customers continue to delay purchases due to uncertainty around their personal circumstances." Nevertheless, it said departing load factors are in line or ahead of the previous year. For TUI Travel's fiscal first quarter, ended Dec. 31, the company reported an operating loss of $51 million, compared with a $93 million loss a year earlier. Revenue for the quarter increased 9%, to $4 billion.