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TUI wants to create German rival to Ryanair, Easyjet: report
FRANKFURT, April 28, 2006 (AFP) - TUI, Europe's leading travel and tourism group, is on the look-out for a partner airline with which it could set up a German rival to budget carriers Ryanair and Easyjet, the weekly newsmagazine Der Spiegel said in its latest edition.
TUI officials had held talks with three German low-cost airlines, DBA, Condor and Air Berlin, with a view to merging one of them with TUI's Hapagfly and Hapag-Lloyd Flug carriers, the magazine said in a pre-release of an article to be published on Saturday.
Der Spiegel quoted a TUI spokesman as refusing to comment directly, saying only that "everyone is talking with everyone else in the sector at the moment".
FRANKFURT, April 28, 2006 (AFP) - TUI, Europe's leading travel and tourism group, is on the look-out for a partner airline with which it could set up a German rival to budget carriers Ryanair and Easyjet, the weekly newsmagazine Der Spiegel said in its latest edition.
TUI officials had held talks with three German low-cost airlines, DBA, Condor and Air Berlin, with a view to merging one of them with TUI's Hapagfly and Hapag-Lloyd Flug carriers, the magazine said in a pre-release of an article to be published on Saturday.
Der Spiegel quoted a TUI spokesman as refusing to comment directly, saying only that "everyone is talking with everyone else in the sector at the moment".