Friday, 22 September 2017

Lufthansa set to land Air Berlin assets, sources reveal - The National

Lufthansa set to land Air Berlin assets, sources reveal - The National:

"Lufthansa is set to pick up a large part of insolvent rival Air Berlin, and easyJet is also still in the running for some assets, two sources familiar with the matter said. Air Berlin’s creditors met on Thursday to discuss offers for Germany’s second largest airline and agreed the carve-up, the sources said. Air Berlin, which has about 8,000 employees and operates 144 mostly leased planes, filed for insolvency in August after major shareholder Etihad pulled the plug on funding."



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