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BUSINESS

BUSINESS

Stelios threatens legal action over easyJet dividend

EasyJet founder Sir Stelios Haji-Ioannou has threatened legal action in his dispute with the budget airline over its dividend policy. Sir Stelios, who holds a...

Νew “arrivals” at German tour operators

Alltours, Thomas Cook, TUI, DER Touristik, Sun Express and several other companies have made senior managerial changes in January and early February. Dieter Zümpel, the...

Fritz Joussen becomes sole CEO of TUI Group

Fritz Joussen has become the sole chief executive of Tui AG after Peter Long was elected as a new supervisory board member. The decision was...

Tui switches capacity as Turkey slumps 40%

Tui Group today confirmed a “significant shift” in demand away from Turkey, with summer bookings down by 40%. The Thomson and First Choice parent company...

Sir Stelios in new battle over management pay

Sir Stelios has revealed he will vote against the remuneration package of management team, including the new chief executive Guy Parsons and its finance...
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TUI: Joussen sticks to targets

TUI will maintain its investment plans and financial targets this year despite the impact of terrorist attacks in holiday destinations, CEO Fritz Joussen declared. The...

Court blow for Booking.com

The German cartel office has banned Booking.com’s ‘best price’ clause, which forces hoteliers in Germany to offer their lowest rate to the accommodation booking...

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