Abu Dhabi-based Etihad Aviation Group and German holiday company TUI Group are in final discussions to create a European leisure airline group, which is expected to operate 60 aircraft on point-to-point services to key tourist markets. The deal is expected to be finalized at a Nov. 23 board meeting. “The new, yet-to-be named airline will have a market share in the Germany/Austria/Switzerland leisure business of 35%,” a source involved in the negotiations told ATW. “The ...

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