9-Jul-2010 10:23 AM

TUI Travel PLC signs letter of intent with Royal Air Maroc covering Jet4You ownership

TUI Travel PLC signed (08-Jul-2010) a LoI with Royal Air Maroc for RAM to take a majority stake in Jet4You, TUI Travel's Moroccan LCC. Jet4You operates services between Morocco and European cities, in addition to charter services predominantly to France and Belgium. The intention of any transaction is to build on the Jet4You market position as a low-cost hybrid carrier and its independent profile. [more]

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More