Category Archives: TUI Group

TUI Group sells a majority stake of Corsair to INTRO Aviation

Corsair International Airbus A330-243 F-HCAT (msn 285) ORY (Jacques Guillem). Image: 946015.

TUI Group has made this announcement:

  • German aviation investor acquires majority stake in French scheduled carrier
  • Corsair’s Employee Trust Fund and TUI to retain minority stakes
  • Further milestone in the implementation of TUI’s strategy in all business segments

TUI is the world’s leading tourism group. Since 2014, its portfolio of subsidiaries and international shareholdings has been clearly aligned to help implement the Group’s strategy. The Group has now taken the next step towards becoming a “pure play tourism” company with the sale of the French scheduled carrier Corsair. TUI Group has sold a majority stake in its French airline Corsair to German investor INTRO Aviation. INTRO will acquire a 53 percent stake in Corsair as a first step. Under the agreement, TUI Group will initially retain a minority stake of 27 percent, while Corsair’s Employee Benefit Trust will retain a 20 per cent stake. The financial details of the agreement have not been disclosed.

The French long-haul scheduled carrier is unable to deliver any synergy effects for TUI Group, TUI tour operators and cruise companies, and the Group’s five European charter airlines. The sale will reduce TUI’s fleet by seven long-haul aircraft: three 747-400s as well as two A330-200s and A330-300s each.

“We are consistently transforming TUI to focus on tourism, its core business. Here, we are investing in hotels and cruise ships, and increasingly in holiday experiences in the destinations. These are segments in which we are growing, and where we are continuing to expand our global activities. We are exiting non-core business areas that do not leverage any synergies for the Group. The sale is the right move for TUI and will also benefit Corsair and its staff,” said TUI CEO Fritz Joussen.

Since the merger and integration of its former subsidiary TUI Travel at the end of 2014, TUI AG has successfully transformed from a trading business to the world’s leading integrated tourism group focusing on hotels, cruise ships and destination activities. This strategy resulted in the sale of numerous non-core subsidiaries and it has increased the Group’s leeway for comprehensive investments in hotels, ships and digital platforms in order to strengthen its future business.

The sale now initiated will create new and sustained prospects for the French airline Corsair and its employees. The investor is specialised on aviation and investments in aviation companies. Corsair’s business will be part of the investor’s core business.

Copyright Photo: Corsair International Airbus A330-243 F-HCAT (msn 285) ORY (Jacques Guillem). Image: 946015.

Corsair aircraft slide show:

x

Advertisements

TUI welcomes its first ever robotic humanoid employee

  • Pepper will be part of TUI Nordic´s Data and Machine Learning Team​
  • Robot Assistant has job description and personal goals – just as every TUI employee

The humanoid robot commonly known as “Pepper“ is the latest employee to be hired by TUI Nordic. Pepper, named Pepper 2E, will work as a Robot Assistant and be a part of TUI’s new Data Analytics and Machine Learning team. TUI is the first travel company in the world to incorporate robotics in this way.

“Automation, AI and Robotics are important elements of TUI’s future. We already have some of the best specialists in this field and I am excited to see how Pepper 2E will contribute to our team. And most importantly, I hope he sparks curiosity and engagement with all of our TUI Nordic colleagues”, says Alexander Huber, Managing Director of TUI Nordic.

Pepper 2E started on August 14, 2018 and will primarily be based in TUI’s Stockholm office. The humanoid robot has a detailed job description as well as set “personal” goals he will be evaluated on, just as any regular TUI employee. The main responsibility of the Robot Assistant is to inspire innovation, curiosity and technological pioneering. Furthermore, the Robot Assistant will help visitors as well as colleagues and external customers with everyday questions and problems.

Elke Eller, HR Director of TUI Group and Member of the Board says: “As TUI Group, we are shaping the future of travel in many areas. Employees like Pepper 2E can support our teams. At the same time they give us an impression of what the work of the future might look like. The “hiring” of Pepper 2E stands for curiosity about the future and openness for new technologies. These are important prerequisites for the success of the digital transformation of TUI. Välkommen, Pepper!”

As a true TUI employee, Pepper 2E will go through the usual steps of onboarding. He has a manager to report to and is member of a team that will incorporate him in their day-to-day tasks. He will spend the first few months hovering around the office getting to know the company and his new human colleagues.

ABOUT PEPPER

  • Pepper understands and speaks in numerous languages and can understand human emotions.
  • Pepper’s touch screen increases his capacity to interact and enables him to enhance communication by providing visual information.
  • With entirely programmable platforms, Pepper offers manifold usage possibilities to enrich the experience.

In other news, TUI fly has made this announcement:

TUI fly’s sustainability strategy remains on its successful path. This is demonstrated by this year’s progress report on TUI fly’s environmental statement, providing information on the progress delivered by the environmental programme in the framework of EMAS (Eco-Management and Audit Scheme) certification.

Average jet fuel consumption was reduced to 2.52 litres per one hundred passenger kilometres. Moreover, the independent climate protection organisation atmosfair again rated TUI fly as Germany’s most climate-efficient airline.

Its overall global rating is also remarkable: TUI fly has again been named one of the world’s top airlines, ranking third on the global list. The pole position is held by its British sister airline TUI Airways.

“Our flights are already 27 percent more climate-efficient than those operated by the six largest European airline. We are committed to continuing these efforts in order to further optimise the climate efficiency of our flights. We thus render a significant contribution towards delivering TUI Group’s “Better Holidays, Better World” sustainability strategy, aimed at reducing the ecological footprint and promoting people and regions in the destinations”, said Roland Keppler, CEO TUI fly.

Numerous measures have also been launched on the ground to ensure environmentally-friendly operations. In this context, TUI fly has now launched charging stations for electric vehicles at the employees’ car park at the head office – in cooperation with the energy utility Enercity. “In order to ease the start into e-mobility for our employees, they can charge their electric cars free of charge at these stations. We will also convert our vehicle fleet.

To that end, we are currently exploring the launch of electric vehicles for aircraft maintenance at the apron,” said Roland Keppler. TUI fly’s environmental programme includes measures for 18 destinations. It ensures the continuous transformation to more environmentally friendly operations covering all business areas.

The new Boeing 737 MAX aircraft (above) launching in 2019 will contribute towards that goal. TUI Group already operates five aircraft of the latest generation of 737s. At 16 percent, they have even exceeded expectations regarding fuel and emissions savings.

TUI Group takes delivery of its first Boeing 737-8 MAX 8

TUI's first Boeing 737-8 MAX 8, delivered on January 29, 2018

TUI Group, the world’s largest tourism business, is celebrating the delivery of the operator’s first Boeing 737-8 MAX 8 (OO-MAX). TUI Airlines (Belgium) is the TUI Group operator of the new type.

The 737 MAX delivers the highest efficiency, reliability and passenger comfort in the single-aisle market by incorporating the latest technology CFM International LEAP-1B engines, Advanced Technology winglets, the Boeing Sky Interior, large flight deck displays, and other improvements. The efficiency gains have helped make the MAX the fastest selling airplane in Boeing history with more than 4,300 orders to date from 92 customers worldwide.

TUI Group has 51 additional orders of the 737 MAX 8 and four 787 Dreamliners. The Group also has 18 unfilled orders for the 737 MAX 10 and was the first European operator to select the latest and largest member of the 737 MAX family of airplanes.

The pictured OO-MAX was officially handed over on January 29, 2018. OO-MAX went into revenue service on February 5, 2018 between Brussels and Tenerife Sur (TFS).

Copyright Photo: TUI Airlines (Belgium) Boeing 737-8 MAX 8 OO-MAX (msn 44588) BFI (Joe G. Walker). Image: 940811.

TUI Airlines (Belgium) aircraft slide show:

TUI Group converts 18 orders to the Boeing 737 MAX 10

K66669

Boeing and TUI Group, the world’s number one tourism business, on June 19, 2017 announced its selection of 18 737 MAX 10s at the 2017 Paris Air Show. TUI Group already had 70 unfilled orders for the 737 MAX and will convert 18 of these existing orders to the 737 MAX 10. The leisure group is the first European operator to select the latest member of the 737 MAX family of airplanes.

TUI Group aims to operate Europe’s most carbon efficient airlines and has committed to reduce the carbon intensity of its operations by a further 10 percent by 2020.

Boeing continued;

The 737 MAX 10 is the largest member of the 737 airplane family, the world’s best-selling jetliner family.

The MAX 10 will be the most profitable single-aisle airplane, offering the lowest seat-mile cost ever in a commercial aircraft. The 737 MAX 10 has more range than today’s Next-Generation 737s and substantial fuel efficiency and economic advantages over heavier competing models, including five percent lower trip cost and five percent lower seat-mile cost.

Like Boeing’s other 737 MAX models, the MAX 10 incorporates the latest technology CFM International LEAP-1B engines, Advanced Technology winglets, Boeing Sky Interior, large flight deck displays, and other improvements to deliver the highest efficiency, reliability and passenger comfort in the single-aisle market.

Along with the 737 MAX, TUI Group has unfilled orders for four 787-9 Dreamliners.  The Group also has 50 options for the 737 MAX and has converted 10 of these to the 737 MAX 10.  The Group will take delivery of its first 737 MAX aircraft in January 2018.

TUI Group, domiciled in Hanover and Berlin, is the largest integrated tourism group worldwide.  The Group operates six airlines across Europe and operates approximately 150 medium and long-haul aircraft, including more than 100 Next-Generation 737s and 15 787s.  TUI serves more than 20 million customers in 180 destinations around the world, employing more than 67,000 people.

AG Now over 2500 Galleries

TUI and Niki move one step closer to a joint venture based in Vienna

TUI Airlines (Germany) Boeing 737-86J SSWL D-ABKI (msn 37748) PMI (Ton Jochems). Image: 933944.

TUI AG‘s Supervisory Board has given the green light on November 23, 2016 for further steps with the goal to create a new European airline joint venture with Etihad Aviation Group. TUI Group’s supervisory body approved the plan to contribute its German leisure airline subsidiary TUI fly GmbH (TUIfly-TUI Airlines Germany) to a joint venture with Etihad. Etihad is in negotiations with Airberlin to acquire its touristic operations primarily in Southern Europe and North Africa, and including Airberlin’s participation in Niki, with the objective to contribute it to the joint venture.

The new airline joint venture, headquartered in Vienna, is planned to serve a broad route network with its two airlines, TUI fly and Niki, a total fleet of around 60 aircraft and a seat capacity of 15 million seats per year, operating from key departure airports in Germany, Austria and Switzerland.

TUI AG is to hold a stake of 24.8% in the joint venture, with Etihad holding 25% of the interests. The remaining 50.2% would be held by the existing private foundation Niki Privatstiftung.

The commitments made to the TUI fly employees remain in place and are currently being further negotiated and specified. This includes the commitments to the Hanover location.

The contractual negotiations between all involved stakeholders are expected to be finalized in the next few weeks. Details regarding the future joint venture will be jointly presented by Etihad and TUI after successful completion of the negotiations.

The planned joint venture is subject to approval by the relevant antitrust and aviation authorities.

In the summer of 2007, Hapag-Lloyd Express (HLX) and Hapagfly merged to form TUIfly. The airline is a wholly-owned enterprise of the TUI Group, the world’s leading tourism troup with headquarters in Hanover, Germany. TUIfly flies to the classic holiday regions all around the Mediterranean, the Canary and Cape Verde Islands, Madeira and Egypt for TUI and other tour operators. By the summer of 2014, TUIfly used 40 Boeing 737 aircraft to fly to these destinations. TUIfly headquarters are at the Hanover Airport.

Top Copyright Photo: TUI Airlines (Germany) Boeing 737-86J SSWL D-ABKI (msn 37748) PMI (Ton Jochems). Image: 933944.

TUI:

ag-airline-aircraft-slide-show

Niki:

ag-airline-aircraft-slide-show

Bottom Copyright Photo: Niki Luftfahrt (flyNiki.com) Airbus A320-214 OE-LEF (msn 4368) ZRH (Rolf Wallner). Image: 927323.

Niki Luftfahrt (flyNiki.com) Airbus A320-214 OE-LEF (msn 4368) ZRH (Rolf Wallner). Image: 927323.

ag-surprise-a-friend

Etihad Aviation Group and TUI AG confirm they are in discussions to create a strong European leisure airline group, focused on point-to-point flying to connect key tourist markets

Etihad and TUI are in discussions to create a new leisure airline group

On October 5, 2016 Etihad and TUI issued this joint statement:

It is proposed to contribute the touristic operations of the Airberlin Group and the German TUIfly company, including the aircraft currently operated by TUIfly for Airberlin under a wet-lease agreement (see above), into a new airline group established by TUI AG and Etihad Aviation Group.

This new airline group would serve a broad network of destinations from Germany, Austria and Switzerland. The leisure airline group will be supported by the expertise of Etihad Aviation Group, the fastest-growing aviation group in the world, and utilize TUI’s state-of-the-art distribution capacity.

TUI AG, Etihad Aviation Group and Air Berlin PLC intend to finalize an in-principle agreement in due course. Any agreement entered into will be subject to all necessary corporate and regulatory approvals. TUIfly is part of TUI Group, the world’s number one tourism business, with around 75,000 employees serving 30 million customers a year, across the globe. TUI Group has a portfolio of more than 300 hotels, 14 cruise liners, six European airlines with around 140 aircraft and a wide-reaching distribution network, covering more than 1,800 travel agencies and online portals.

Etihad Aviation Group is a fast-growing diversified aviation and travel group, with more than 26,000 employees. It comprises four business divisions – Etihad Airways, the national airline of the United Arab Emirates, Etihad Airways Engineering, the Hala Group, its destination management company, and the Airline Equity Partners.

Etihad Aviation Group holds minority stakes in Air Berlin PLC, Air Serbia, Air Seychelles, Alitalia, Etihad Regional, Jet Airways and Virgin Australia.

Airberlin is the second largest airline in Germany and carried more than 30.2 million passengers in 2015. Airberlin offers a global route network through its strategic partnership with Etihad Airways, which has a 29.21 per cent shareholding in Airberlin, and through membership of the oneworld® airline alliance.

Copyright Photo: TUI Airlines (Germany) Boeing 737-86J SSWL D-ABKI (msn 37748) PMI (Ton Jochems). Image: 933944.

ag-airline-aircraft-slide-show

AG Prints-6 Sizes and 4 Finishes

 

TUI Group to retire the Thomson brand in the UK

TUI Group logo-1

TUI Group (Hannover) has decided to retire the Thomson brand in the United Kingdom according to this report by Reuters. The retirement of the Thomson brand, which started selling holiday packages in 1965, would presumably also include Thomson Airways (formerly Thomsonfly) (London-Gatwick), although this remains unconfirmed.

Thomson logo-2

The TUI Group is moving towards a single TUI brand and this of course would probably also affect Arke (Arkefly) and Jetairfly. The move is expected to take several years to complete.

Read the full report: CLICK HERE

Route Map: Current routes from London Gatwick:

Thomson 5.2015 LGW Route Map

Copyright Photo below: SPA/AirlinersGallery.com. Thomson Airways’ Boeing 737-8K5 G-TAWA (msn 37264) completes the final approach to the runway at London’s Gatwick Airport (LGW).

Thomson Airways aircraft slide show: AG Airline Slide Show