Ryanair to challenge Lufthansa's Air Berlin deal
Ryanair is set to challenge a Lufthansa deal to buy parts of Air Berlin. Ryanair said it would take the E210m deal to European competition authorities. Lufthansa plans to use Air Berlin planes to expand its Eurowings budget airline business. Air Berlin filed for bankruptcy in August and has since been negotiating with potential buyers for parts of its business. Ryanair previously described the negotiations as a "stitch-up" intended to strengthen Lufthansa. "We will be referring the matter to the EU competition authority in due course," a Ryanair spokesman said. Andreas Mundt, head of Germany's cartel office, said the European Commission would take a close look at the deal and that German authorities would follow the process closely. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-10-13/unaligned/ryanair-to-challenge-lufthansas-air-berlin-deal
https://portal.staralliance.com/cms/logo.png
Ryanair to challenge Lufthansa's Air Berlin deal
Ryanair is set to challenge a Lufthansa deal to buy parts of Air Berlin. Ryanair said it would take the E210m deal to European competition authorities. Lufthansa plans to use Air Berlin planes to expand its Eurowings budget airline business. Air Berlin filed for bankruptcy in August and has since been negotiating with potential buyers for parts of its business. Ryanair previously described the negotiations as a "stitch-up" intended to strengthen Lufthansa. "We will be referring the matter to the EU competition authority in due course," a Ryanair spokesman said. Andreas Mundt, head of Germany's cartel office, said the European Commission would take a close look at the deal and that German authorities would follow the process closely. <br/>
