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Britannia Airways
Britannia Airways was a charter airline based in the UK. It was founded in 1961 as Euravia and became the world's largest holiday airline. Britannia's main bases were at London Gatwick, London Stansted, London Luton, Cardiff, Bristol, East Midlands, Birmingham, Manchester, Newcastle, Leeds Bradford, Edinburgh and Glasgow. It had its headquarters at Britannia House in Luton. Britannia was originally a charter operator for Universal Sky Tours and later for Thomson holidays where it became the in-house airline with a fleet of Boeing jet aircraft. In 2000, Thomson Travel Group, and thereby Britannia Airways, were acquired by TUI Group of Germany. As part of a wider reorganisation of TUI's UK operations in September 2004, Britannia was rebranded as Thomsonfly. History Origins The airline was established as ''Euravia (London)'' by British businessman T.E.D. Langton and aviation consultant J.E.D. Williams on 1 December 1961. It was founded at a time of considerable turmoil for ...
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TUI Travel
Tui or TUI may refer to: Places * Tui, Pontevedra, Spain * Tui, Iran, West Azerbaijan Province, Iran * Tui, North Khorasan, North Khorasan Province, Iran * Tui Province, Burkina Faso * Tuis District, Costa Rica * Tui railway station, New Zealand Computing * Tangible user interface, in which people interact with digital information through the physical environment * Text-based user interface, as distinct from a graphical user interface * Touch user interface, a computer-pointing technology Organisations * TUI Group, a tour operator ** TUIfly, several airlines owned by TUI Group ** TUI Travel, a British leisure travel group that merged with TUI Group * North Tui Sports, a 1930s New Zealand aircraft * Teachers' Union of Ireland, a trade union * Trident University International, an online university in the United States Other uses * Tūī, a New Zealand native bird * Tui (name), a Polynesian given name and surname * Tui (beer), a brand of beer, named after the bird * Tui ( ...
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TUI Group
TUI Group is a German leisure, travel and tourism company. TUI is an acronym for ''Touristik Union International'' ("Tourism Union International"). TUI AG was known as Preussag AG until 1997 when the company changed its activities from mining to tourism. It is headquartered in Hanover, Germany. It fully or partially owns several travel agencies, hotel chains, cruise lines and retail shops as well as five European airlines. The group owns the largest holiday aeroplane fleet in Europe and holds multiple European tour operators. It is trading as TUI AG jointly listed on the Frankfurt Stock Exchange and the London Stock Exchange as a constituent of the FTSE 250 Index. History The origins of the company lie in the industrial and transportation company Preussag AG, which was originally formed as a German mining company. It was incorporated on 9 October 1923, as ''Preußische Bergwerks- und Hütten-Aktiengesellschaft'' (Prussian Mine and Foundry Company). In 1927 it was merged ...
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Break-even
Break-even (or break even), often abbreviated as B/E in finance, (sometimes called point of equilibrium) is the point of balance making neither a profit nor a loss. Any number below the break-even point constitutes a loss while any number above it shows a profit. The term originates in finance but the concept has been applied in other fields. In economics In economics and business, specifically cost accounting, the break-even point (BEP) is the point at which cost or expenses and revenue are equal: there is no net loss or gain, and one has "broken even". A profit or loss has not been made, although opportunity costs have been "paid" and capital has received the risk-adjusted, expected return. In other words, it is the point at which the total revenue of a business exceeds its total costs, and the business begins to create wealth instead of consuming it. It is shown graphically as the point where the total revenue and total cost curves meet. In the linear case the break-even point ...
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Package Holidays
A package tour, package vacation, or package holiday comprises transport and accommodation advertised and sold together by a vendor known as a tour operator. Other services may be provided such as a rental car, activities or outings during the holiday. Transport can be via automobile, buses, charter airline, and may also include travel between areas as part of the holiday. Package holidays are a form of product bundling. Package holidays are organised by a tour operator and sold to a consumer by a travel agent. Some travel agents are employees of tour operators, others are independent. History Organised tours The first organised tours dated back to Thomas Cook who, on 5 July 1841, chartered a train to take a group of temperance campaigners from Leicester to a rally in Loughborough, eleven miles away. By 1872 he was undertaking worldwide tours, albeit with small groups. His company, Thomas Cook & Son (commonly called Thomas Cook or simply "Cook's"), grew to become one of the larg ...
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Lockheed Constellation
The Lockheed Constellation ("Connie") is a propeller-driven, four-engined airliner built by Lockheed Corporation starting in 1943. The Constellation series was the first pressurized-cabin civil airliner series to go into widespread use. Its pressurized cabin enabled commercial passengers to fly well above most bad weather for the first time, thus significantly improving the general safety and ease of air travel. Several different models of the Constellation series were produced, although they all featured the distinctive triple-tail and dolphin-shaped fuselage. Most were powered by four 18-cylinder Wright R-3350 Duplex-Cyclones. In total, 856 were produced between 1943 and 1958 at Lockheed's plant in Burbank, California, and used as both a civil airliner and as a military and civilian cargo transport. Among their famous uses was during the Berlin and the Biafran airlifts. Three served as the presidential aircraft for Dwight D. Eisenhower, one of which is featured at the Nation ...
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Airliner World
''Airliner World'' is an aviation magazine published by Key Publishing in Stamford, Lincolnshire, England. In the United States, the magazine is distributed from Key Publishing office in Avenel, New Jersey. The first edition of ''Airliner World'' was published in May 1999 and is now the UK’s biggest selling monthly civil aviation magazine. ''Airliner World'' is dedicated to airlines and airliners. The magazine publishes worldwide aviation news, as well as articles on regional and worldwide airports and airlines. Another airline publication, ''Air International'', does not represent competition, since both magazines are published by Key publishing. ''Airliner World'' is part of a group of aviation magazines published by Key, including ''AIR International'', ''Air Forces Monthly'', and sister magazine, '' Airports of the World''.http://www.keypublishing.com/portfolio/portfolio.asp?typeID=1 Contents Each monthly issue of the magazine contains a host of feature articles, a list o ...
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British United Airways
British United Airways (BUA) was a private, independentindependent from government-owned corporations British airline formed as a result of the merger of Airwork Services and Hunting-Clan Air Transport in July 1960, making it the largest wholly private airline based in the United Kingdom at the time. British and Commonwealth Shipping (B&C) was the new airline's main shareholder. At its inception, BUA assumed the aircraft and operations of its predecessors. These included a fleet of 90 assorted fixed-wing aircraft and helicopters that continued to operate mainly non-scheduled services. Gatwick became BUA's main operating base while Stansted was the main base for trooping flights until 1964. An order for ten BAC One-Eleven jet aircraft in May 1961 launched BUA's fleet re-equipment programme in support of its long-term policy to develop primarily as a scheduled airline. This was also the first time a private British airline had placed a launch order for a new jet. In January ...
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Ministry Of Aviation
The Ministry of Aviation was a department of the United Kingdom government established in 1959. Its responsibilities included the regulation of civil aviation and the supply of military aircraft, which it took on from the Ministry of Supply. In 1967, the Ministry of Aviation merged into the Ministry of Technology which took on the supply of military aircraft, while regulatory responsibilities were switched to the Board of Trade. Ministers of Aviation * 14 October 1959: Duncan SandysDavid Butler and Gareth Butler, ''Twentieth Century British Political Facts 1900-2000'', Macmillan 2000, p. 27.Butler and Butler, p. 58. * 27 July 1960: Peter Thorneycroft * 16 July 1962: Julian Amery * 18 October 1964: Roy JenkinsButler and Butler, p. 30. * 23 December 1965: Frederick Mulley * 7 January 1967 – 15 February 1967: John Stonehouse Parliamentary Secretaries * 22 October 1959: Geoffrey Rippon * 9 October 1961: Christopher Woodhouse * 16 July 1962: Basil de Ferranti * 3 December 1 ...
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Air Registration Board
The Civil Aviation Authority (CAA) is the statutory corporation which oversees and regulates all aspects of civil aviation in the United Kingdom. Its areas of responsibility include: * Supervising the issuing of pilots' licences, testing of equipment, calibrating of navaids, and many other inspections (Civil Aviation Flying Unit). * Managing the regulation of security standards, including vetting of all personnel in the aviation industry (Directorate of Aviation Security). * Overseeing the national protection scheme for customers abroad in the event of a travel company failure (Air Travel Organisers' Licensing – ATOL). The CAA is a public corporation of the Department for Transport, liaising with the government via the Standards Group of the Cabinet Office. Responsibilities The CAA directly or indirectly regulates all aspects of aviation in the UK. In some aspects of aviation it is the primary regulator. The UK government requires that the CAA's costs are met entirely from ...
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Airworthiness Certificate
A standard certificate of airworthiness is a permit for commercial passenger or cargo operation, issued for an aircraft by the civil aviation authority in the state/nation in which the aircraft is registered. For other aircraft such as crop-sprayers, a Special Airworthiness Certificate (not for commercial passenger or cargo operations) must be issued. Legal authority A certificate of airworthiness (CoA), or an airworthiness certificate, is issued for an aircraft by the civil aviation authority in the state in which the aircraft is registered. The CoA attests that the aircraft is airworthy insofar as the aircraft conforms to its type design. Each certificate is issued in one of a number of different categories when the aircraft is registered in the name of the owner. Thereafter, a yearly currency fee is payable to renew the CoA. If this fee is not paid when due, the certificate expires and the owner must apply again for the certificate. The CoA can only be issued when a maintenan ...
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Bankruptcy
Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor. Bankrupt is not the only legal status that an insolvent person may have, and the term ''bankruptcy'' is therefore not a synonym for insolvency. Etymology The word ''bankruptcy'' is derived from Italian ''banca rotta'', literally meaning "broken bank". The term is often described as having originated in renaissance Italy, where there allegedly existed the tradition of smashing a banker's bench if he defaulted on payment so that the public could see that the banker, the owner of the bench, was no longer in a condition to continue his business, although some dismiss this as a false etymology. History In Ancient Greece, bankruptcy did not exist. If a man owed and he could not pay, he and his wife, children or servants were forced into ...
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