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Order HereGerman tour-operator TUI Group has disposed of its remaining shares in Germany’s second largest carrier and oneworld member airberlin.
In a deal signed with TUI Travel in 2009, airberlin took over loss-making scheduled shuttle routes from TUIfly and signed a long-term wet-lease agreement for up to 14 Boeing 737NGs. At that time, TUI Travel acquired a 19.9% equity stake in airberlin.
An airberlin spokesperson said, “There is no statement regarding the sale of the remaining approximate 25,000 shares in July 2015. TUI started the process of gradually reducing its airberlin stake in August 2014. In November there was an official notification by airberlin that the stake had fallen below 3%.”
The information on this page may have been provided by a contributor and no guarantees can be made about the accuracy of any content. Contributors must obtain all necessary licenses and/or ownership rights from the relevant content owner(s) before submitting the same for publication. AIRLINE PARTNERSHIP disclaims all liability arising from the publication of content received from contributors. Please refer to our Disclaimer for more details.
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Order HereGerman tour-operator TUI Group has disposed of its remaining shares in Germany’s second largest carrier and oneworld member airberlin.
In a deal signed with TUI Travel in 2009, airberlin took over loss-making scheduled shuttle routes from TUIfly and signed a long-term wet-lease agreement for up to 14 Boeing 737NGs. At that time, TUI Travel acquired a 19.9% equity stake in airberlin.
An airberlin spokesperson said, “There is no statement regarding the sale of the remaining approximate 25,000 shares in July 2015. TUI started the process of gradually reducing its airberlin stake in August 2014. In November there was an official notification by airberlin that the stake had fallen below 3%.”
The information on this page may have been provided by a contributor and no guarantees can be made about the accuracy of any content. Contributors must obtain all necessary licenses and/or ownership rights from the relevant content owner(s) before submitting the same for publication. AIRLINE PARTNERSHIP disclaims all liability arising from the publication of content received from contributors. Please refer to our Disclaimer for more details.
970x250 - Melbourne - Desktop Sample
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Order HereGerman tour-operator TUI Group has disposed of its remaining shares in Germany’s second largest carrier and oneworld member airberlin.
In a deal signed with TUI Travel in 2009, airberlin took over loss-making scheduled shuttle routes from TUIfly and signed a long-term wet-lease agreement for up to 14 Boeing 737NGs. At that time, TUI Travel acquired a 19.9% equity stake in airberlin.
An airberlin spokesperson said, “There is no statement regarding the sale of the remaining approximate 25,000 shares in July 2015. TUI started the process of gradually reducing its airberlin stake in August 2014. In November there was an official notification by airberlin that the stake had fallen below 3%.”
The information on this page may have been provided by a contributor and no guarantees can be made about the accuracy of any content. Contributors must obtain all necessary licenses and/or ownership rights from the relevant content owner(s) before submitting the same for publication. AIRLINE PARTNERSHIP disclaims all liability arising from the publication of content received from contributors. Please refer to our Disclaimer for more details.