joint venture News


16-Apr-2009
TUI Travel PLC (TUI Travel) is pleased to announce (15-Apr-09) that further to the statement on 10-Apr-08 that it was forming a joint venture with S-Group Capital Management Limited, (S-Group), together with affiliated parties, to develop its Russian and CIS leisure tourism presence, it has today signed a definitive joint venture agreement to this effect.
12-Mar-2009
FRANCE : The AIR FRANCE KLM Group’s summer 2009 schedule (29-March to 25 October) has been adjusted in line with the sharp decline in demand caused by the unprecedented global economic crisis, which is affecting all corners of the world.
03-Mar-2009
SPAIN : Spanish low fare carriers clickair and Vueling have begun (02-Mar-09) cross-selling seats online on all their domestic and international flights in what is the first step toward a joint marketing initiative of the two merging companies.
23-Dec-2008
The European Commission has cleared (22-Dec-08) under the EU Merger Regulation the proposed joint venture between Aeroports de Paris (ADP) and The Nuance Group (TNG). The Commission found that the merger would not significantly restrict effective competition in the European Economic Area (EEA) or any substantial part of it.