TUI Travel

TUI Travel plc
Company typePublic
LSETT.
IndustryTransport
Founded2007
Defunct2014 (Merged with TUI AG)
HeadquartersCrawley, England, UK
Key people
Friedrich Joussen
(Chairman)
Sir Michael Hodgkinson
(Deputy Chairman)
Peter Long
(Chief Executive)
ProductsPassenger transport, travel agency, accommodation
Revenue£15,051 million (2013)[1]
£297 million (2013)[1]
£63 million (2013)[1]
OwnerTUI AG (56.4%)[2]
Number of employees
54,000 (2013)[3]
SubsidiariesThomson Airways
Thomson Holidays
Websitewww.tuitravelplc.com

TUI Travel PLC was a British leisure travel group headquartered in Crawley, West Sussex. The company was formed on 3 September 2007 by the merger of First Choice Holidays PLC and the Tourism Division of TUI AG, which owned 56.4% of it.[2] The company operated in 180 countries and claimed 30 million customers.[4]

The company was listed on the London Stock Exchange, and was a constituent of the FTSE 100 Index. TUI Travel merged with its German parent in 2014 to form the TUI Group.[5][6]

  1. ^ a b c "Annual Report 2013". TUI Travel PLC. Retrieved 2 October 2014.
  2. ^ a b "Shareholder Information". TUI Travel PLC. Retrieved 2 October 2014.
  3. ^ "TUI Travel: At a glance". TUI Travel PLC. Retrieved 2 October 2014.
  4. ^ "TUI and First Choice plan to merge amid competition in European travel", The New York Times (19 March 2007)
  5. ^ Topham, Gwyn (27 June 2014). "Tui agrees £4.5bn merger with British subsidiary Tui Travel". The Guardian. Retrieved 15 June 2021.
  6. ^ Aglionby, John (15 September 2014). "Tui Travel and Tui AG agree merger terms". Financial Times. Retrieved 15 June 2021.