Manufacturing Industry
TUI in talks over sale of aircraft maintenance unit
Airline Industry Information, August 11, 2004
AIRLINE INDUSTRY INFORMATION-(C)1997-2004 M2 COMMUNICATIONS LTD
Tourism group TUI AG is in talks to sell its aircraft maintenance division to either Lufthansa Technik, Singapore Airlines or SR Technics.
A spokesperson for the German-based group said that talks had been held with the three interested parties on 10 August 2004 but the company is also considering an option to retain and improve the business.
TUI has a fleet of 100 aircraft and a maintenance crew of 1,100 employees. At the moment the company is struggling to fend off takeover talk as it edges closer to falling out of the German DAX index, reports Reuters.
((Comments on this story may be sent to aii.feedback@m2.com))
Most Recent Business Articles
- How do I determine my retainer fee?
- Why fly solo when an executive assistant can accelerate your CLNC® business?
- The CLNC® mentors held the key to my first case and to my CLNC® success
- Atlanta CLNC® 6-day certification seminar photo galleryplus sign up today for spring 2009 to save $100.00
- Speak to a full-time practicing CLNC® consultant
Most Recent Business Publications
Most Popular Business Articles
- Using object-oriented analysis and design over traditional structured analysis and design
- Big Fish Games Migrates Upstream to Fisher Plaza; High Growth Online Gaming Firm Vaults Fisher Plaza Occupancy Rate Above 90%
- Top of the line: some of the world's most well-respected doctors practice in South Florida. A guide to choosing the best physician specialists - Top Doctors in South Florida
- Sand filter basics: high-rate sand filters can be confusing for those new to the business. Understanding valve modes is the key
- BEHR Paints Introduces a Colorful New Way to Paint and Prime All in One with BEHR Premium Plus Ultra™ Interior
Most Popular Business Publications
Content provided in partnership with http://findarticles.com/source//

