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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.
People's travel appetite is higher than before—and that's driving TUI's business in Europe and beyond. High air ticket prices aren’t deterring European travelers, as TUI narrows losses ahead ...
The Air Passengers Rights Regulation 2004 [1] [2] (Regulation (EC) No 261/2004) is a regulation in EU law establishing common rules on compensation and assistance to passengers in the event of denied boarding, flight cancellations, or long delays of flights.
TUI Travel PLC was a British leisure travel group headquartered in Crawley, West Sussex.The company was formed on 3 September 2007 by the merger of First Choice Holidays PLC and the Tourism Division of TUI AG, which owned 56.4% of it. [2]
The Russian oligarch Alexey Mordashov, who owns 34 percent of TUI Group shares and is its largest shareholder, on Monday became subject to a series of European Union sanctions, including an asset ...
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TUI AG was known as Preussag AG until 1997 when the company changed its activities from mining to tourism. It is headquartered in Hanover, Germany, [4] and trading on the Frankfurt Stock Exchange and Hanover Stock Exchange. It fully or partially owns several travel agencies, hotel chains, cruise lines and retail shops as well as five European ...
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.