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LONDON, May 31 (Reuters) – British holiday company TUI
Travel said on Friday it would buy 60 new planes from
Boeing with a value of $6.1 billion in a deal which is so
large it will be subject to shareholder approval.
TUI Travel, 56-percent owned by Germany’s TUI AG,
said the deal also included an option to purchase a further 90
aircraft.
All the planes involved in the deal are 737 MAX aircrafts,
said the company, which currently operates a fleet of around 140
aircraft under various brands. It said the 60 aircraft would be
delivered between 2018 and 2023.
