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TUI Travel information


TUI Travel plc
Company typePublic
Traded as
LSE: TT.
IndustryTransport
Founded2007
Defunct2014 (Merged with TUI AG)
HeadquartersCrawley, England, UK
Key people
Friedrich Joussen
(Chairman)
Sir Michael Hodgkinson
(Deputy Chairman)
Peter Long
(Chief Executive)
ProductsPassenger transport, travel agency, accommodation
Revenue£15,051 million (2013)[1]
Operating income
£297 million (2013)[1]
Net income
£63 million (2013)[1]
OwnerTUI AG (56.4%)[2]
Number of employees
54,000 (2013)[3]
SubsidiariesThomson Airways
Thomson Holidays
Websitewww.tuitravelplc.com

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] The company operated in 180 countries and claimed 30 million customers.[4]

The company was listed on the London Stock Exchange, and was a constituent of the FTSE 100 Index. TUI Travel merged with its German parent in 2014 to form the TUI Group.[5][6]

  1. ^ a b c "Annual Report 2013". TUI Travel PLC. Retrieved 2 October 2014.
  2. ^ a b "Shareholder Information". TUI Travel PLC. Retrieved 2 October 2014.
  3. ^ "TUI Travel: At a glance". TUI Travel PLC. Retrieved 2 October 2014.
  4. ^ "TUI and First Choice plan to merge amid competition in European travel", The New York Times (19 March 2007)
  5. ^ Topham, Gwyn (27 June 2014). "Tui agrees £4.5bn merger with British subsidiary Tui Travel". The Guardian. Retrieved 15 June 2021.
  6. ^ Aglionby, John (15 September 2014). "Tui Travel and Tui AG agree merger terms". Financial Times. Retrieved 15 June 2021.

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