Tui, the world’s largest tour operator, has canned plans to merge its budget German air carrier Tuifly with part of Etihad Airways-backed rival Air Berlin.
The deal, which would have seen the creation of a new airline capable of carrying 15m passengers a year on a fleet of around 60 aircraft, was called off because the Air Berlin-controlled Austrian carrier Niki “is no longer available for a joint venture”, Tui said in a statement.
Tui is still in the market for a deal with another carrier, its executive board member Sebastian Ebel said on Thursday:
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