EasyJet finalises US$42m deal for Airberlin assets
EasyJet has signed an agreement to take on 25 Airberlin Airbus A320 leases and some of the airline’s Berlin Tegel slots for E40m (US$42m), strengthening its position in Berlin. The deal, which was announced Oct 30, is subject to regulatory approvals and is expected to close in Dec 2017. EasyJet said the E40m investment excludes potential start-up and transitional operating costs. In addition, EasyJet has launched a recruitment campaign to attract around 1,000 of Airberlin’s pilots and cabin crew, who will be recruited over the coming months. These crews will be employed on local German contracts under collective labour agreements negotiated with German union Verdi. An EasyJet supervisory board member recently said: “If the deal is finalised as planned, EasyJet will get a market share in Berlin of 60%.” <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-10-31/unaligned/easyjet-finalises-us-42m-deal-for-airberlin-assets
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EasyJet finalises US$42m deal for Airberlin assets
EasyJet has signed an agreement to take on 25 Airberlin Airbus A320 leases and some of the airline’s Berlin Tegel slots for E40m (US$42m), strengthening its position in Berlin. The deal, which was announced Oct 30, is subject to regulatory approvals and is expected to close in Dec 2017. EasyJet said the E40m investment excludes potential start-up and transitional operating costs. In addition, EasyJet has launched a recruitment campaign to attract around 1,000 of Airberlin’s pilots and cabin crew, who will be recruited over the coming months. These crews will be employed on local German contracts under collective labour agreements negotiated with German union Verdi. An EasyJet supervisory board member recently said: “If the deal is finalised as planned, EasyJet will get a market share in Berlin of 60%.” <br/>
