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Latest Aviation News Air transport LUFTHANSA TO SWALLOW LION'S SHARE OF AIR BERLIN

Lufthansa to swallow lion's share of Air Berlin

AFP
12/10/2017 | 799 words
Lufthansa to swallow lion's share of Air Berlin
© Le Journal de l'Aviation
Years of struggle for Germany's second-ranked airline Air Berlin appeared on their final stretch Thursday, as airborne behemoth Lufthansa announced plans to buy more than half the bankrupt carrier's planes.The deal has sparked controversy in the European aviation sector, with the German government facing accusations it helped steer the process under a plan to build the Frankfurt-based carrier into an all-conquering juggernaut.Lufthansa will take over Air Berlin's Austrian subsidiary Niki, German subsidiary LGW and 20 further aircraft, guaranteeing all jobs at the two smaller firms, Air Berlin said in (...)
 
 
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