German tourism giant TUI AG unveiled a comprehensive "action plan" Friday that includes an order for 41 new aircraft from Boeing valued at $3.64 billion, its intention to cut costs next year by €250 million ($330 million)--involving the elimination of 3,600 jobs--and the merger of its airline units under the new brand. TUI confirmed speculation that Hapagfly and Hapag-Lloyd Express will combine under the new name (ATWOnline, Dec. 15) "in order to secure access to the ...

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