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Wimbleton to step down at TUI Travel

Wimbleton to step down at TUI Travel

20 September 2012 Organisations & Operators

After months of discussion it has been confirmed John Wimbleton will step down as managing director of the specialist and activity division of TUI Travel. Wimbleton, who has been with the company for 22 years, will step down at the end of December.

TUI Travel dragged down by early Easter

TUI Travel dragged down by early Easter

TUI Travel has seen profits fall by 16 per cent in the third financial quarter, as the early Easter holiday disrupted trading. Net operating profit stood at £74 million for the period, with weakness in the French and other European economies also taking a toll.

TUI Travel signs long-term Dreamliner maintenance deal at Farnborough

TUI Travel signs long-term Dreamliner maintenance deal at Farnborough

12 July 2012 Airline News

Boeing and the Europe-based TUI Travel have signed a five-year agreement to provide 787 Dreamliner flight, maintenance and cabin safety training. Boeing also announced at the Farnborough International Airshow it will place a second 787 full-flight simulator at its European training headquarters at London Gatwick to support the training requirements of the TUI Group and European 787 customers.

TUI AG rejects management speculation

TUI AG rejects management speculation

The chairman of the TUI AG supervisory board, Klaus Mangold, has issued a statement rejecting speculation about management posts at the organisation published in Manager Magazine. He reaffirmed current chief executive, Michael Frenzel, had been appointed up until the end of March 2014.

Boeing and TUI Travel sign aircraft maintenance deal

Boeing and TUI Travel sign aircraft maintenance deal

Boeing and TUI Travel have announced the carrier’s purchase of Boeing’s Maintenance Performance Toolbox to greatly enhance maintenance efficiency on TUI Travel’s entire Boeing fleet, including 737-800s, 737 Classics, 757-200s, 767-300ERs and 747-400s. The announcement is just prior to the annual MRO Americas aviation maintenance conference.

TUI Travel ‘pleased’ with 2012 trading

TUI Travel ‘pleased’ with 2012 trading

UK-based tour operator TUI Travel has declared itself “pleased” with trading over the winter in its latest update to markets. Chief executive Peter Long pointed to strength in domestic markets and argued the brand had outperformed rivals over recent months.

Losses widen at TUI Travel but bookings picking up

Losses widen at TUI Travel but bookings picking up

7 February 2012 Organisations & Operators

TUI Travel saw losses increase during the three months to December 31st, as a fall in the number of trips to north Africa hit sales. In total the tour operator – which owns Thomson and First Choice Holidays – lost a total of £109 million over the period, up from £86 million during the same period a year earlier.

Merger rumours boost TUI Travel

Merger rumours boost TUI Travel

6 February 2012 Organisations & Operators

Crawley-based TUI Travel saw its share price surge earlier after broker UBS moved the travel group to its merger watch list. A recommendation to ‘buy’ saw the share price rise 8p to 220p, with continued speculation TUI AG will consolidate its position in the company.