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Tui Travel reviewing low-cost airline options

5 October 2007

Travel giant Tui Travel could dump its low-cost airline brand, the firm’s finance director said on Wednesday.”‘The simple answer is yes it is being reviewed (TUIfly branding),'” Paul Bowtell told analysts and reporters.

“‘I think it’s clear for all to see that that decision, together with incremental capacity in that source market in 2007, hasn’t been successful,'” he added.

The firm is currently in the middle of a strategic review and is to detail it decisions by January.

source: Reuters

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