Homework TUI By kawanin Jan 1, 1995 Enter the Tourism business (mid 1990s) Jan 1, 1997 Acquisition of Hapag-Lloyd AG, TUI Deutschland, Magic Life Jan 1, 1999 majority stake in Thomas Cook Jan 1, 2000 Hapag Touristik Union was renamed to TUI groups and jumped into European market. Aug 1, 2001 Global Umbrella with new vision Apr 1, 2002 Air management Jun 1, 2002 Preussag AG was renamed to TUI AG Oct 1, 2002 takeover of Nouvelles Frontieres Jan 1, 2003 Cost cutting programme Apr 1, 2003 TUI China Apr 1, 2004 low cost travel agency Aug 1, 2004 set up TMR Mar 1, 2005 launced virtual tour operator Dec 1, 2005 full control of CP ship, enter the Indian market