The world's biggest holiday company plans to bank on rivals failing
TUI plans to renew its jetliner fleet as rising oil prices begin to push weaker rivals to the wall. TUI is likely to turn options for close to 50 Boeing 737 Max aircraft into firm purchases, giving it a total of 120 orders for the upgraded model, and is switching to more of the largest variant to boost capacity, David Burling, who heads TUI’s airline operations, said. It’s also evaluating a new mid-range Boeing jet as a replacement for its larger 757 and 767 planes. The collapse of Air Berlin and Monarch Airlines in 2017 provided a boost for TUI. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2018-10-11/unaligned/the-worlds-biggest-holiday-company-plans-to-bank-on-rivals-failing
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The world's biggest holiday company plans to bank on rivals failing
TUI plans to renew its jetliner fleet as rising oil prices begin to push weaker rivals to the wall. TUI is likely to turn options for close to 50 Boeing 737 Max aircraft into firm purchases, giving it a total of 120 orders for the upgraded model, and is switching to more of the largest variant to boost capacity, David Burling, who heads TUI’s airline operations, said. It’s also evaluating a new mid-range Boeing jet as a replacement for its larger 757 and 767 planes. The collapse of Air Berlin and Monarch Airlines in 2017 provided a boost for TUI. <br/>
