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Corsair: TUI will sell 53% to Intro Aviation

Carrier will be upgraded and re-launched

After several months of negotiations (see AVIONEWS) the TUI Group sold 53% of the shares of the Corsair carrier to the German company Intro Aviation, which is planning a series of investments to modernize the fleet by ordering from Airbus at least 7 A-330neo (see AVIONEWS). The sale of the majority of the French company will allow the Tui Group to put new capital into cash which will be invested in...

M/A - 1219935

AVIONEWS - World Aeronautical Press Agency
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