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TUI AG (trading as TUI Group) is a German multinational leisure, travel and tourism company; it is the largest such company in the world. [2] [3] TUI is an acronym for Touristik Union International ("Tourism Union International"). TUI AG was known as Preussag AG until 1997 when the company changed its activities from mining to tourism.
TUI Airways has its origins in several rival airlines. Euravia (later renamed Britannia Airways in December 1964 [6]) was founded in January 1962. [7] Orion Airways, founded in 1979 by Horizon Holidays and later owned by the large brewing firm Bass Brewery and InterContinental Hotels Group, was sold and merged with Britannia Airways in 1989 but retained the Britannia name.
TUI Travel PLC was a British leisure travel group ... The company was founded in 1923 in ... In October 2011 it was announced that under a two-year rebranding ...
Founded: 1965; 60 years ago () Founder: Roy Thomson: Defunct: 2002 () Successor: ... Although Preussag AG, which re-named as TUI AG in 2002, retained the Thomson ...
Fritz Joussen has been the CEO of TUI AG (ETR:TUI1) since 2016. First, this article will compare CEO compensation with compensation at similar sized companies. Next, we'll consider growth that ...
The company was founded in 1961 by Bengt Bengtsson and his colleague Håkan Hellström, as Fritidsresor. The first destinations offered by Fritidsresor were to the United States later that year. In 1962, holidays to Sitges on the Costa Dorada in Spain, followed by Arma di Taggia and Rimini in Italy were launched.
Headquartered in Hanover, Tui owns more than 400 hotels, 16 cruise ships, five airlines and 1,200 travel agencies. The group employs more than 60,000 staff, according to its website.
The company was founded in a garage, and within two years, it produced its first hit: the Uke-a-Doodle, a kid-sized instrument. Barbie, perhaps Mattel's most iconic toy line, didn't join the party ...