TUI AG is considering selling off its hard-hit airline biz.

SN30952 · Post by **SN30952** » 24 Aug 2006, 16:41

TUI mull selling off airline business.
Does TUI AG has problems to pay back debts of just under 3 bln EUR?

TUI diskutiert Rückzug aus dem Fluggeschäft.
Abbau von Kapitalbindungen wird forciert

In der Luftfahrt könnte sich Tui deshalb von der Ferienfluggesellschaft Hapag-Lloyd Flug (HLF) und dem Billigflieger HLX trennen.
Gesucht würde ein Investor, der das Airline-Geschäft saniert, um es dann zu veräußern.
Diskutieren wird der Aufsichtsrat auch alternative Überlegungen der Berger-Studie, die Tui-Airlines mit der Condor, der Flugtochter des Lufthansa/Karstadt-Quelle-Joint-Ventures Thomas Cook, zusammenzubringen.

Gate-A1 · Post by **Gate-A1** » 24 Aug 2006, 17:13

Maybe this is due to the way that take the german market after Air Berlin bougth dba

Consolidation will not end by this action and many expert expet that Air berlin take over LTU low cost lines or HLX and Hapagfly or the three.

An other think to look is what will do Lufthansa and his Low cost arm Germawings? They have also interest to look for expention by take over

star alliance · Post by **star alliance** » 29 Aug 2006, 16:16

And what will happen with Jetairfly??

funki · Post by **funki** » 02 Sep 2006, 14:22

I read the same things on the web...
More info to come in December with a statement and more details from the company TUI.
source: http://www.luchtvaartnieuws.nl/news/?id=15528

But an article from 31/8 in Reuters said the company had no plans to sell it's airline business for the moment.
http://today.reuters.com/news/articlebu ... m=business

Fact is that Hapagfly and low-cost carrier HLX are going to merge to fight the hard competition in Germany.
source: http://www.luchtvaartnieuws.nl/news/?id=15680

No more info on the other airlines of the TUIfly alliance though or jetairfly, but until now they have excellent numbers, so I don't think there's any consequence for Belgium or the other TUI-carriers...
But anyone more info?

Gate-A1 · Post by **Gate-A1** » 02 Sep 2006, 15:55

star alliance wrote:And what will happen with Jetairfly??

If you look at french pilots forum (http://www.rcoco.com/ for exemple) they are more afraid that charter flitght of Corsairfly can be toke off by Jetairfly as their 737 are now oppered by Jet4all under a Marocan registration and that somes charter activity goes to Islandflug.

bits44 · Post by **bits44** » 15 Dec 2006, 14:41

Some big moves coming from TUI:

http://www.bloomberg.com/apps/news?pid= ... refer=home

SN30952 · Post by **SN30952** » 15 Dec 2006, 15:35

New German style?
VW, TUI, 180 turns... I get dizzy...

Ach so!
CORRECTED - OFFICIAL-TUI says still open to airline partnerships

Aviation24.be

TUI AG is considering selling off its hard-hit airline biz.

TUI AG is considering selling off its hard-hit airline biz.

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