Condor reportedly joins TUIfly and Germanwings tie-up talks
18th July, 2008
TUIfly, Germanwings and Condor are reportedly in advanced talks about a three-way airline tie-up. The talks are expected to be concluded during 3Q09. [1134 words]
Unlock the following contents in this report:
- TUI increasing holding in Jet4You to 100%
- TUI Travel reports operating loss of GBP250 million in six months to Mar-08; confident of meeting market expectations in FY08/09
- TUI Travel raising funds through sale and leaseback agreement for 19 aircraft
Graphs and data:
- Germanwings and TUIfly potential route network overlaps: week commencing 14-Jul-08
- Jet4You business targets: 2006 vs 2010
- Jet4You destination map: Jun-08
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