Etihad Aviation Group and TUI AG in talks on aviation partnership in tourism sector

Etihad Aviation Group and TUI AG have confirmed they are in discussions to create a strong European leisure airline group, focused on point-to-point flying to connect key tourist markets.
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It is proposed to contribute the touristic operations of the airberlin group and the German TUIfly company, including the aircraft currently operated by TUIfly for airberlin under a wet-lease agreement, into a new airline group established by TUI AG and Etihad Aviation Group. This new airline group would serve a broad network of destinations from Germany, Austria and Switzerland.

The leisure airline group will be supported by the expertise of Etihad Aviation Group, the fastest-growing aviation group in the world, and utilise TUI’s state-of-the-art distribution capacity.

TUI AG, Etihad Aviation Group and Air Berlin PLC intend to finalise an in-principle agreement in due course. Any agreement entered into will be subject to all necessary corporate and regulatory approvals.