Timeline
2012
April 2012
Announced changes to the structure of the Mainstream Sector to accelerate the move to modern mainstream and being online driven. The Northern, Central Europe and Western Europe regions will be disbanded and a Mainstream Sector Board formed. The Managing Directors of UK & Ireland and Germany will also join the TUI Travel Group Management Board reflecting the importance of the Group's two largest source markets. Read more.
March
Appointed Mittu Sridhara as Chief Information Officer and member of the Group Management Board. Mittu’s appointment supports TUI Travel’s strategy of being an online driven business and reflects the importance of developing common technology platforms across the Group. Read more.
2011
October
Appointment of Johan Lundgren to the newly created role of Deputy Chief Executive with overall responsibility for the Mainstream Sector. Johan’s focus is on moving the Sector towards modern mainstream, increasing controlled distribution and growing online to meet the needs of today’s customer. Read more.
July
Acquisition of Magic Life Hotels which offers differentiated, all-inclusive holidays at 13 high quality holiday clubs for the German and Austrian source markets. Read more.
April
Formation of a strategic venture with Intrepid Travel and TUI Travel Specialist & Activity Sector Adventure brands to create a new global leader in adventure and experiential travel called PEAK. Read more.
2010
October
Achieved ranking of 6th in FTSE 350 Carbon Disclosure Leadership Index for our approach to carbon disclosure, the only tour operator commended in this way. Read more.
September
Appointment to the Group Management Board and new Sector structure announced. Jacky Simmonds became Group Human Resources Director and the Sectors reorganised to become Mainstream, Specialist & Activity, Accommodation & Destinations and Emerging Markets. Read more.
April
Completion of a £400 million offering of Convertible Bonds. Read more.
March
Launch of the TUI brand in Russia and Ukraine with the aim of building a market leading travel business with its partner S-Group Capital Management and the businesses VKO Group, Mostravel and Voyage Kiev. Read more.
January
Completion of the strategic venture in Canada with Sunwing, strengthening TUI Travel’s position in the Canadian market. Read more.
2009
December
Acquisition of a 75% stake in certain assets of two businesses in Russia and Ukraine, paving the way for future development in the growing markets of Russia and CIS. Read more.
September
Completion of a £350m offering of Convertible Bonds. Read more.
April
Joint venture agreement with S-Group Capital Management to develop a Russian and CIS leisure tourism presence on 15th April, with TUI Travel set to become the first major international tour operator with a significant presence in Russia and CIS. Read more.
March
Strategic cooperation agreed between Air Berlin, Germany’s second largest airline and TUI Travel’s German aviation business TUIfly. Read more.
2008
April
Signature of a Memorandum of Understanding with S-Group Capital Management Limited to jointly develop a Russian and CIS leisure tourism presence. Read more.
January
Investor Day hosted to present the results of the 100 Day Review, outlining future plans for leveraging our unique portfolio of market leading brands, growing differentiated content and controlled distribution and optimising the business model to deliver organic growth. Read more.
2007
September
Commencement of trading on the London Stock Exchange following the merger between TUI Tourism and First Choice Holidays PLC to form one of the world’s leading leisure travel companies. Read more.
March
Agreement between TUI AG and First Choice Holidays PLC to merge TUI Tourism and First Choice Holidays PLC to form TUI Travel PLC. Read more.