Buster the Bear
6th Jul 2004, 20:28
Hapag-Lloyd Flug, TUI AG’s German charter operation, has signed a co-operation agreement with Air Berlin starting this November.
While the deal is reported on the wires, neither has made an official comment, although a TUI spokeswoman confirmed 'a so-called code sharing agreement' to Reuters.
The wire's angle is that the airlines will carry passengers on each other's services while Air Berlin's domestic network will feed HLF's charter operations.
TUI AG told the FT that it was not considering taking a stake in Air Berlin, which in turn said it saw no reason to speculate. At a press conference in March Air Berlin's MD Joachim Hunold said that the company 'was looking into' a flotation but that nothing has been decided.
Joachim Hunold also said at the same conference that Air Berlin would make 'a handsome profit' in 2004. A week ago it issued H1 figures which keep it on track to carry 11.6m passengers and turn over more than a billion euros this year.
Elsewhere, CNN reports that TUI AG has threatened to pull out of Hanover if easyJet is allowed to operate from the airport.
AND
TUI THREATENED BY EASYJET EXPANSION
TUI threatened to abandon its home airport of Hanover and move 1,100 jobs if easyJet gets landing rights there, raising the stakes in the battle for Germany's fragmented budget air market.
The travel firm had already threatened to move its own no-frills airline Hapag-Lloyd Express from Hanover, if the airport granted landing rights to easyJet. Air Berlin, another no-frills carrier, has said Friday it would review its routes from Hanover if easyJet arrived.
The airport tussle comes as a surplus of no-frills seats and competition from easyJet, which started operating in Germany earlier this year, and Ireland's Ryanair Holdings Plc, is expected to force consolidation and possible market exits among Germany's five main domestic low-fare carriers.
Source: CNN.COM
easyJet's Head of Corporate Affairs, Toby Nicol said today:
"We have confirmed that we are in talks with Hanover, but we are also in talks with 10 other major European airports as we consider the next phase of our European expansion.
"Hapag-Lloyd Express threating to pull out of the airport is like showing a red rag to a bull. A statement like this is very naive as it could tip us in one direction or another. As yet, we have made no decision about Hanover."
While the deal is reported on the wires, neither has made an official comment, although a TUI spokeswoman confirmed 'a so-called code sharing agreement' to Reuters.
The wire's angle is that the airlines will carry passengers on each other's services while Air Berlin's domestic network will feed HLF's charter operations.
TUI AG told the FT that it was not considering taking a stake in Air Berlin, which in turn said it saw no reason to speculate. At a press conference in March Air Berlin's MD Joachim Hunold said that the company 'was looking into' a flotation but that nothing has been decided.
Joachim Hunold also said at the same conference that Air Berlin would make 'a handsome profit' in 2004. A week ago it issued H1 figures which keep it on track to carry 11.6m passengers and turn over more than a billion euros this year.
Elsewhere, CNN reports that TUI AG has threatened to pull out of Hanover if easyJet is allowed to operate from the airport.
AND
TUI THREATENED BY EASYJET EXPANSION
TUI threatened to abandon its home airport of Hanover and move 1,100 jobs if easyJet gets landing rights there, raising the stakes in the battle for Germany's fragmented budget air market.
The travel firm had already threatened to move its own no-frills airline Hapag-Lloyd Express from Hanover, if the airport granted landing rights to easyJet. Air Berlin, another no-frills carrier, has said Friday it would review its routes from Hanover if easyJet arrived.
The airport tussle comes as a surplus of no-frills seats and competition from easyJet, which started operating in Germany earlier this year, and Ireland's Ryanair Holdings Plc, is expected to force consolidation and possible market exits among Germany's five main domestic low-fare carriers.
Source: CNN.COM
easyJet's Head of Corporate Affairs, Toby Nicol said today:
"We have confirmed that we are in talks with Hanover, but we are also in talks with 10 other major European airports as we consider the next phase of our European expansion.
"Hapag-Lloyd Express threating to pull out of the airport is like showing a red rag to a bull. A statement like this is very naive as it could tip us in one direction or another. As yet, we have made no decision about Hanover."