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Exit mining and smelting industry
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Preussang bought Hapag-Lloyd AG, large German tour operator
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Aquisition of TUI Deutschland
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Hapag Touristik union purchased 24.9% of Thomas Cook
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Hapag Touristik union acquired the majority of Thomas Cook
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Tui Group jumped into the EU market
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Acquired firm group was named as "World of TUI"
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TUI Air Management was created
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TUI AG was created
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100% of Nouvelles Frontieres
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New cost-saving programme
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TUI China was created
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First low-cost travel agency
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Entered the Russian market by joint venture with Mostravel
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Touropa.com
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Entering India (Le Passage to India)
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TUI was named as the bigged tour operator in Europe
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TUI owned: 3500 travel agencies, 75 tour operators, 100 aircraft, 285 hotels, 16300 beds. Entered the shipping business as well
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60bn Euros revenue European Market
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TUI AG and TUI Travel PLC merger, TUI Travel was created.