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TUI Travel in talks over 3-way airline merger

LONDON
Thu Aug 28, 2008 6:00am EDT

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LONDON (Reuters) - Europe's biggest travel company TUI Travel (TT.L) is in early talks with Lufthansa (LHAG.DE) and Thomas Cook (TCG.L) over a three-way merger of TUI Fly Germany, Condor, and Germanwings, the companies said on Thursday.

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In a statement, the companies said no commercial terms had been agreed and there was no certainty of a deal.

(Reporting by Matthew Scuffham, editing by Will Waterman)
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