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'Nothing has changed in our industry – we're still cowboys at heart'

Atol
Noel Josephides
16 October 2023

Out of the ashes of the failure of Clarksons and Court Line in 1974 rose Harry Goodman’s International Leisure Group (ILG) to do battle with what was then Thomson Holidays, now Tui.

Further 175,000 FTI trips cancelled as package takeover talks fail

All FTI packages have now been cancelled (Credit: iStock)

ILG peaked in 1985, but by 1991, it too had collapsed leaving Thomson to reign supreme.

Next it was the turn of David Crossland’s Airtours and MyTravel to challenge Thomson’s supremacy, which was acquired by Germany’s Preussag in 2000 before being renamed Tui in 2002.

However, after a disastrous series of takeovers, Airtours and MyTravel failed. In 2007, it merged with Thomas Cook, which also challenged Tui crown. In September 2019, Thomas Cook collapsed.