A Lufthansa airliner taxis next to an Air Berlin aircraft at Tegel airport in Berlin, Germany, on September 4, 2017. Reuters file
Berlin, October 12
Germany’s biggest airline Lufthansa will buy up more than half of the aircraft of its bankrupt competitor Air Berlin, chief executive Carsten Spohr said on Thursday.
On a “great day” for the Frankfurt-based carrier, it will sign a contract to buy 81 of Air Berlin’s 144 planes and take on 3,000 of its 8,500 staff at noon (1530 IST) today, Spohr said—the last day for bidders Lufthansa and Easyjet to close their hoped-for deals. — AFP
Most Read In 24 Hours
Don't Miss
View All
Top News
India summons Canadian deputy envoy over pro-Khalistan slogans at event attended by PM Justin Trudeau
Ministry of External Affairs describes the raising of slogan...
Uttarakhand suspends licences of 14 products made by Ramdev's pharmaceutical companies
The list of 14 products whose licences were suspended includ...
Supreme Court recalls order for termination of 30-week pregnancy of 14-year-old rape survivor
Bench led by CJI Chandrachud withdraws its April 22 order af...
Amit Shah's 'doctored' video: Delhi Police summon Telangana CM Revanth Reddy, one arrested in Assam
Revanth Reddy says he will not be afraid about notice over p...
Supreme Court stays CBI probe into West Bengal Government officials' role in teacher recruitment scam
Top court, however, refuses to stay High Court order cancell...
