TUI Travel to buy 60 Boeing planes for £4bn

Suzie Neuwirth

BRITISH travel company TUI Travel has agreed to acquire 60 Boeing aircraft for £4bn, as part of its fleet renewal strategy.

The firm, which owns and operates six European airlines including Thomson Airways, has an option to buy a further 90 planes.

The £4bn payment is “a significant discount to the list price”, the company said.