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TUI AG (trading as TUI Group) is a German multinational leisure, travel and tourism company; it is the largest such company in the world. [2] [3] TUI is an acronym for Touristik Union International ("Tourism Union International"). TUI AG was known as Preussag AG until 1997 when the company changed its activities from mining to tourism.
TUI Airways has its origins in several rival airlines. Euravia (later renamed Britannia Airways in December 1964 [6]) was founded in January 1962. [7] Orion Airways, founded in 1979 by Horizon Holidays and later owned by the large brewing firm Bass Brewery and InterContinental Hotels Group, was sold and merged with Britannia Airways in 1989 but retained the Britannia name.
It is a subsidiary of TUI UK, itself a subsidiary of TUI Group, and its holidays are sold solely online. It also operates own brand hotels. First Choice Holidays previously traded as a subsidiary of First Choice Group plc until its merger with TUI Travel plc in 2007. The company was then revived as a brand in 2011 under the TUI Group brand ...
TUI Travel PLC was a British leisure travel group headquartered in Crawley, West Sussex.The company was formed on 3 September 2007 by the merger of First Choice Holidays PLC and the Tourism Division of TUI AG, which owned 56.4% of it. [2]
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In March 1953, these two merged into Trade Union International of Transport, Port and Fishery Workers. [ 1 ] [ 2 ] It kept the latter name until at least 1978, [ 2 ] but adopted the current name by 1985. [ 3 ]
Jet2holidays sells its products through both its website and independent travel agents. In 2010, TUI Group and Thomas Cook offered Jet2holidays deals through their own travel agent networks. [12] As Jet2holidays grew to become the third-largest tour operator in the UK, both competitors ended these arrangements in 2017. [13] [14]
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