Homework TUI

By kawanin
  • Enter the Tourism business (mid 1990s)

  • Acquisition of Hapag-Lloyd AG, TUI Deutschland, Magic Life

  • majority stake in Thomas Cook

  • Hapag Touristik Union was renamed to TUI groups and jumped into European market.

  • Global Umbrella with new vision

  • Air management

  • Preussag AG was renamed to TUI AG

  • takeover of Nouvelles Frontieres

  • Cost cutting programme

  • TUI China

  • low cost travel agency

  • set up TMR

  • launced virtual tour operator

  • full control of CP ship, enter the Indian market