Air Berlin and TUIfly confirmed that they are in discussions regarding a long-awaited alliance. AB said yesterday that negotiations regarding a cross-shareholding with the TUI Travel subsidiary are well under way (ATWOnline, Oct. 14, 2008), while a TUI spokesperson in Hanover told ATWOnline that talks are in an advanced stage. Other sources close to the negotiations told this website that TUI Travel will take 20% of AB through a capital increase with AB acquiring the same percentage of ...

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