TUI Selling Majority Stake In Corsair To Intro Aviation

Credit: Rob Finlayson
LONDON—German tourism group TUI has agreed to sell 53% of French long-haul scheduled carrier Corsair to German investor Intro Aviation for an undisclosed sum. Intro will acquire the 53% stake “as a first step,” TUI said in announcing the deal Mar. 18. Following the sale, Corsair’s Employee Benefit...

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