Do you want to access to this and other private contents?
Log in if you are a subscriber or click here to request service

Possible alliance between Air Berlin and Tui Travel

Berlin, Germany - The two companies towards a cross-participation in each other's capital

Even if it is not yet certain, managers from the two German companies (Air Berlin airline and Tui Travel tourist operator) confirmed to be in advanced discussions for a possible alliance. If signed, this would bring Tui to take over up to 20% of Air Berlin, while the airline would take over 20% of Tui's TuiFly besides the chance to use some of its routes. Management of charter flights will remain to...

AVIONEWS - World Aeronautical Press Agency - 1101316
Rome, Italy, 03/17/2009 12:53
AVIONEWS - World Aeronautical Press Agency

Similar

AirlinesITA Airways: approval of a €325 million capital increase

New company by-laws approved

Last Friday, Italia Trasporto Aereo SpA ("ITA Airways") held its Extraordinary Shareholders' Meeting, during which a €325 million capital increase was approved, to be offered to Deutsche Lufthansa AG (... more

Civil aviationItaly. EC: support renewable electricity production

Approved an aid scheme for EUR 9.7 bn

To foster the transition to a net-zero economy more

Finance and economyNorthrop Grumman begins production of first E-2D Advanced Hawkeye aircraft for France

And also it announces the buyback of additional own shares for 3 billion dollars

American multinational Northrop Grumman celebrated Tuesday the start of production of the first E-2D Advanced Hawkeye aircraft for the French Navy at its facility in St. Augustine, Florida. The ceremony... more