April 28th, 2006

TUI plans monster low-cost merger

It has been reported that TUI Group, which owns Hapag-Lloyd Express, are in discussions with a number of other low-cost airlines regarding a potential merger.

They are believed to be talking to Air Berlin, dba and Condor. Their intention would be to create a low-cost airline large enough to compete with the major 2 European budget airlines, easyJet and Ryanair.

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