Shareholders approved a merger with TUI AG to create the world's number one integrated leisure tourism business. TUI AG has some of the most recognised travel brands in Europe, over 230 holiday hotels and a successful cruise operation. These will combine with TUI Travel’s leading tour operator brands, 30 million customers, differentiated product and modern aircraft fleet to achieve significant synergies for the group, simplify the business and unlock further value for shareholders. Read more.
Our new aviation leadership structure is announced, and our five tour operator airlines move closer together to form a 'virtual' airline that will work together to ensure growth and collaboration, increase profitability and deliver a seamless customer experience. Read more.
We exceeded our airline carbon reduction target a year ahead of schedule, reducing emissions across our airlines by 9.3% over five years. This represents a major step towards our aim of achieving sustainability change at scale, both across our own operations and the wider industry. Read more.
Latest Sustainable Holidays Report reveals our progress against our three year Sustainable Holidays Plan launched in 2012. Our airlines hit their carbon reduction target two years early and £16m was saved across the business in 2012 through environmental efficiencies. Read more.
Our first international group-wide product concept is launched. SuneoClub, designed collaboratively by our Mainstream businesses as part of our modern mainstream strategy, provides friendly, modern and bright three-star all inclusive hotels for those customers looking for great value on a budget. Read more.
The purchase of 60 new Boeing 737 MAX aircraft is agreed with shareholders. The multi-billion pound investment, which also includes the option to purchase a further 90 aircraft, will enable us to continue to operate a modern, fuel-efficient and cost-effective fleet, with significant noise reduction in comparison to today’s competitors. Read more.
Thomson Airways is the first airline in the UK to fly the new state-of-the-art Boeing 787 Dreamliner as part of its fleet in June 2013, flying from Manchester, East Midlands, Glasgow and Gatwick to Sanford, Florida and Cancun, Mexico. 15 Dreamliners will join the TUI Travel fleet by 2016 with airlines TUIfly Nordic, Arkefly and Jetairfly also taking delivery of this innovative new aircraft. Read more.
Friedrich Joussen is announced as Non-Executive Chairman of TUI Travel PLC, replacing Dr. Michael Frenzel. Read more.
TUIfly is ranked most climate-efficient charter airline worldwide for short and long haul flights by atmosfair, a not-for-profit organisation combating climate change. Read more.
Our Three-year Sustainable Holiday Plan is launched, with four goals: to deliver 10 million ‘greener and fairer’ holidays, to operate Europe’s most fuel-efficient airlines, to ensure colleagues see TUI Travel as a leader in sustainability and for our customers to regard us as a leader in delivering more sustainable holidays. Read more.
Mittu Sridhara is appointed 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.
Johan Lundgren is appointed 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.
Acquisition of Magic Life Hotels is completed. Magic Life offers differentiated, all-inclusive holidays at 13 high quality holiday clubs for the German and Austrian source markets. Read more.
Strategic venture with Intrepid Travel and TUI Travel Specialist & Activity Sector Adventure brands is completed, creating a new global leader in adventure and experiential travel called PEAK. Read more.
Achieved a 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.
Jacky Simmonds is announced as Group Human Resources Director on the Group Management Board and our Sectors reorganised to become Mainstream, Specialist & Activity, Accommodation & Destinations and Emerging Markets. Read more.
£400 million offering of Convertible Bonds is completed. Read more.
TUI brand is launched in Russia and Ukraine with the aim of building a market leading travel business with partner S-Group Capital Management and the businesses VKO Group, Mostravel and Voyage Kiev. Read more.
Strategic venture in Canada with Sunwing is completed, strengthening TUI Travel’s position in the Canadian market. Read more.
75% stake in certain assets of two businesses in Russia and Ukraine is acquired, paving the way for future development in the growing markets of Russia and CIS. Read more.
£350m offering of Convertible Bonds is completed. Read more.
Joint venture agreement is signed 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.
Strategic cooperation agreed between Air Berlin, Germany’s second largest airline and TUI Travel’s German aviation business TUIfly. Read more.
Memorandum of Understanding is signed with S-Group Capital Management Limited to jointly develop a Russian and CIS leisure tourism presence. Read more.
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.
Trading commences 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.
Agreement is reached between TUI AG and First Choice Holidays PLC to merge TUI Tourism and First Choice Holidays PLC to form TUI Travel PLC. Read more.