Etihad Aviation Group (EAG) has approved plans to create a new European leisure airline in a joint venture (JV) with German travel company TUI Group. The new airline will have a fleet of around 60 aircraft, offering a capacity of 15 million seats per year, with a focus on point-to-point flying to connect key European tourist markets. The transaction is subject to approvals by aviation regulatory bodies and anti-trust authorities. ATW understands the new airline will have a 35% market share ...

Subscribe to Access this Entire Article

"Etihad group board approves TUI airline JV" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.