EasyJet presses ahead with Air Berlin deal

EasyJet has confirmed the acquisition of part of Air Berlin in a deal worth E40m. The transaction will see the airline taking control of Air Berlin’s operations at the capital’s Tegel Airport, with EasyJet leasing 25 of its aircraft. The agreement also includes EasyJet taking over landing slots and offering employment to the defunct carrier’s flying crew. EasyJet CE Johan Lundgren said: “This move is consistent with EasyJet’s strategy of purposeful investment in strong number one positions in Europe’s leading airports. As a result of our acquisition EasyJet will operate the leading short-haul network at Tegel connecting passengers to and from destinations across Germany and the rest of Europe. This is in addition to EasyJet’s existing base at Berlin Schonefeld, and means that EasyJet will be the leading airline to and from Berlin.” <br/>
Irish Times
https://www.irishtimes.com/business/transport-and-tourism/easyjet-presses-ahead-with-air-berlin-deal-1.3331089
12/18/17