Ryanair and EasyJet face threat of new rival

Article reports that Thomas Cook, the tour operator, is in discussions with rival Tui Travel and the airline Lufthansa, August 2008, about a possible merger of their respective low-cost and charter carriers, a move that would create a new rival for Ryanair, EasyJet and Air Berlin.

Deutsche Welle, 29.8.08: German Budget Airline Merger Looms http://www.dw-world.de/dw/article/0,2144,3601015,00.html

Lufthansa: Press Release, 28.8.08: Lufthansa and SN Airholding SA/NV in negotiations over strategic equity investment http://konzern.lufthansa.com/en/html/presse/pressemeldungen/index.html?c=nachrichten/app/show/en/2008/08/852/HOM&s=0

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