08 June, 2017

Tui and Etihad call off plans for new airline

How does it feel to fly with the best ?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:

Read full story on FT.com

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