Tuifly subject of sale talks with easyJet, other airlines - reports
Tuifly, the German airline owned by German travel group TUI [LON:TUI], is a subject of sale talks with easyJet [LON:EZJ] and other airlines, Boersen-Zeitung reported.
The German-language daily cited unidentified sources close to the Tui supervisory board as saying that Tui is in different sets of negotiations on selling Tuifly. It said the potential buyers are easyJet, the British low-cost airline, and other air transportation players.
However, a message to Tuifly's employees by the business unit's leadership denied that easyJet is seeking any cooperation or equity investment, the article noted.
A report in the UK newspaper The Daily Mail on Saturday, 24 September mentioned talk that easyJet was in negotiations with Tui about acquiring Tuifly's fleet of 41 aeroplanes. The item quoted Tui, which said the speculation was baseless.
However, The Daily Mail report also quoted Martin Lochler, a member of Tuifly's supervisory board, who said easyJet and Tuifly had been in discussions for a while.
Boersen-Zeitung