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Decision to change
The management of Preusser AG decider to make a radical change -
Purchase of Hapag-Lloyd AG
The larges Geman tour operator is being purchased. -
Aquisition of TUI Deutschland
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Aquisition of 24.9% of Thomas Cook
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Total Aquisition of Thomas Cook
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Fundation of TUI Group
Hapag Touristik Union was renamed TUI Group -
Aqusitions
Aqusition of Bristish Tomson Travel Group, Nouvelles and Fritidsresor -
World of TUI
The change wwas accomplished. TUI was fully operating in the touris industry. -
Preussag created TUI Air Management
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Preussag AG changed its name to TUI AG
This step shows the importance of the tourist division -
Cost-Cutting Programm
In the recession TUI opened up opportunities with low costs -
Foundation of TUI China
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First low-cost travel agency
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Foundation of TUI Mostravel Russia
TUI entered to the Russian market -
Launching virtual tour operator Touropa.com
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TUI is the biggest tour operator in Europe