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Enter the Tourism business (mid 1990s)
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Acquisition of Hapag-Lloyd AG, TUI Deutschland, Magic Life
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majority stake in Thomas Cook
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Hapag Touristik Union was renamed to TUI groups and jumped into European market.
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Global Umbrella with new vision
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Air management
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Preussag AG was renamed to TUI AG
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takeover of Nouvelles Frontieres
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Cost cutting programme
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TUI China
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low cost travel agency
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set up TMR
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launced virtual tour operator
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full control of CP ship, enter the Indian market