Tui Travel to buy 60 Boeing 737 MAX aircraft

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Tui Travel says it has agreed to buy 60 Boeing 737 MAX aircraft, with an option to buy a further 90 of the same model.

Tui said it was buying the 60 planes at a "substantial" discount to the list price of $6.1bn (£4bn).

Tui operates 141 aircraft across six European airlines - Thomson Airways, Tuifly, Tuifly Nordic, Arkefly, Jetairfly and Corsair - and said the new planes would boost fuel efficiency.

Boeing says its 737 MAX plane will burn 13% less fuel than other 737 models.

Tui, which is the world's largest tour operator with a presence in 180 countries, said it expected the aircraft to be delivered between January 2018 and March 2023.
http://www.bbc.co.uk/news/business-22727238