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Today it is one of the world's largest tourist firms with interests across Europe. It owns travel agencies, hotels, airlines, cruise ships and retail stores. Major subsidiaries include TUI AG Airlines, the largest holiday fleet in Europe. Its common brand TUIfly encompasses 7 airlines. TUI AG was also one of the world's largest shipping companies, having its logistics activities bundled within Hapag-Lloyd AG and concentrated on the shipping sector. Hapag-Lloyd is no longer an operating unit of the business however, a majority stake having been sold to the Albert Ballin consortium of investors in March 2009. TUI retains a 43.3% stake in the firm and continues to wholly own and operate the cruise line Hapag-Lloyd Kreuzfahrten. Some data of TUI: * approx. 3,500 travel agencies * 79 tour operators in 18 countries * over 120 aircraft * 37 incoming agencies in 31 countries * 12 hotel brand in 28 countries with 285 hotels and around 163,000 beds * 10 cruise liners |