Translated from Dutch:
http://www.luchtvaartnieuws.nl/news/?ID=13596

FRANKFURT – The German travel company TUI is planning a massive take-over in the low cost airline market, sources around the company revelead. Talks have started with amongst others Air Berlin, DBA and Condor concerning a potential merger with HapagFly. If the plans go ahead the combined airline would be as large as Europe’s two main players Easyjet and Ryanair.

TUI is mostly active in holiday flights. It owns amongst others ArkeFly, ThomsonFly, HapagFly and Corsair.

And HLX, their own loco.