TUI in new Air Berlin plan

TUI is considering resurrecting efforts to form a joint venture with Air Berlin and Etihad by taking a bigger role in the endeavour than originally planned, according to sources.

TUI is studying whether to take a majority stake or even full ownership of the proposed leisure airline — which was intended to combine assets from Air Berlin’s Niki and TUI’s TUIfly.

However, TUI’s reluctance to add German capacity stands in the way of a deal, said one of the sources.