2008 - 29 January 2008
TUI Travel PLC hosts an investor day and results of 100 day review
April 2008
Activity sector purchases Real Gap, a gap year travel specialist
April 2008
TUI Travel PLC signs Memorandum of Understanding with S-Group Capital Management Limited to jointly develop a Russian and CIS leisure tourism presence
May 2008
Activity sector acquires World Challenge, an education travel company and Sports World, which provides hospitality and travel packages for sporting events
June 2008
Specialist sector acquires Travelmood, an Australia and New Zealand destination company
2007 - TUI
Group confirmed orders for 11 Boeing 787 Dreamliners and 50 Next-Generation 737s
First Choice
Further strategic acquisitions are made in niche segments including Quark Expeditions and iExplore.
First Choice Airways orders another four Boeing 787 aircraft taking the order up to 12.
TUI Travel PLC
19 March 2007
TUI AG and First Choice Holidays PLC agree to merge TUI Tourism and First Choice Holidays PLC to form TUI Travel PLC.
3 September 2007
Merger completes and TUI Travel PLC begins trading on the London Stock Exchange.
24 December 2007
TUI Travel PLC enters FTSE 100 index.
2006 - TUI
TUI AG is once again listed in the Dow Jones Sustainability World Index.
Hapagfly and Hapag Lloyd Express are combined to create the new TUI airline TUIfly.com.
First Choice
First Choice enters the Asia Pacific market through the acquisition of Pacific World.
LateRooms.com is purchased which expands the company’s late availability online accommodation portfolio.
2005 - First Choice
The Environment & People report is launched and First Choice achieves FTSE 4Good listing.
The company enters the US premium travel market in December with acquisition of the Grand Expeditions Group which includes The Moorings group of companies and made First Choice a leader in yacht charter holidays.
2004 - TUI
TUI AG enters the Russian tour operator market through a joint venture with Mostravel.
First Choice
The Group is structured into 4 sectors: Mainstream, Activity, Specialist and Online Destination Services.
First Choice enters the US student travel market with the purchase of studentcity.com.
First Choice Airways became the first airline in Europe to sign up for the new, groundbreaking Boeing 787.
2003 - First Choice
The UK mainstream holidays businesses are brought together under one brand.
2002 - TUI
The acquisition of Hapag-Lloyd AG completes.
Preussag AG is renamed TUI AG. The new name is accepted by a majority of the shareholders at the Annual General Meeting in June.
TUI AG enters the no-frills airline market with the Hapag-Lloyd Express brand.
The take-over of Nouvelles Frontières completes in this year.
First Choice
First Choice enters the Activity Adventure market with acquisition of Exodus.
2001 - TUI
A new management structure is introduced at Thomson Travel Group: The lead companies are renamed TUI UK, TUI Ireland and TUI Nordic.
2000 - TUI
Preussag takes over the British travel company Thomson Travel Group and also enters the French tourism market by buying a stake in Nouvelles Frontieres.
First Choice
A joint venture with Royal Caribbean Cruises Ltd is announced.
The Ten Tours Group acquisition gives a lead into the Continental European Tour Market.
Acquisition of Barcelo Travel Division which gives First Choice a strong presence in destination management services.
1999 - TUI
Hapag Touristik Union (HTU) is renamed: TUI Group is now the family name for all the travel interests and brands
First Choice
The first move into the Marine market is made with the acquisition of Sunsail.
A second hostile takeover bid by Airtours is defeated.
1998 - First Choice
Long-haul is strengthened through the acquisitions of Unijet and Hayes & Jarvis.
A strategy of controlled distribution commences.
1997 - TUI
Preussag redefines itself and moves into services, focusing on the travel industry.
The company acquires Hapag Lloyd AG, a global player in transport and tourism. Hapag Lloyd, with its fleet of aircraft, cruise ships and chain of travel agencies also owns 30 percent of Europe’s biggest travel company, TUI.
1994 - First Choice
The Company is restructured and re-branded First Choice Holidays PLC.
1993 - First Choice
A hostile take over bid by Airtours is defeated.
1990 - First Choice
Owners Abroad makes its first move into specialist holidays with acquisition of Redwing (Sovereign & Enterprise).
1987 - First Choice
The company launches its airline, Air2000.
1982 - First Choice
Owners Abroad becomes Owners Abroad PLC and is listed on the London Stock Exchange.
1973 - First Choice
Owners Abroad (Wholesale Ltd) is formed.
1964 - TUI
At the AGM the abbreviation ‘Preussag’ is adopted as the new company name. With this the company continues to grow away from its traditional business sectors. In addition to the extraction and processing of primary products the Group now also becomes more strongly involved in transport.
1959 - TUI
Preussage issues shares and allows 22 percent of the capital stock to be acquired by people with an annual income of less than DM16,000. Overnight Preussag gains around 216,000 small shareholders and becomes Germany’s biggest stock corporation.
1950 - TUI
During the War Preussag lost over half of all its property and employees. The Berlin head office was destroyed. In 1950 the newly established administration moves to Hannover and in 1953 becomes the company’s official headquarters. The Berlin location is also retained.
1923 - TUI
Preußische Bergwerks- und Hütten-Aktiengesellschaft (Preussag Company, later TUI AG) is formed and operates predominantly in the areas of industry, transport and natural resources.
