Exclusive: EU regulators set to approve easyJet buy of parts of Air Berlin – sources


BRUSSELS/LONDON (Reuters) – British budget carrier easyJet (EZJ.L) is set to win unconditional EU antitrust approval to buy parts of failed German peer Air Berlin (AB1.DE), people familiar with the matter said on Monday.

FILE PHOTO: An EasyJet passenger aircraft makes its final approach for landing at Gatwick Airport in southern England, Britain, October 9, 2016. REUTERS/Toby Melville/File Photo

EasyJet will take on some of Air Berlin’s operations at Tegel airport in the German capital, covering leases for up to 25 A320 aircraft and around 1,000 of its pilots and cabin crew.

The move will allow easyJet to strengthen its position in the German capital, notably against Ireland’s Ryanair (RYA.I) and Lufthansa’s budget unit Eurowings.

The European Commission, which is scheduled to decide on the deal by Dec. 12, declined to comment.

Reporting by Foo Yun Chee in Brussels and Alistair Smout in London, editing by Julia Fioretti

Our Standards:The Thomson Reuters Trust Principles.

Source link

Products You May Like

Articles You May Like

Abdul-Jabbar urges athletes to continue political protests
Trains canceled, flights grounded after snow hits Britain
U.S. soldier who deserted to North Korea in 1965 dies aged 77
Democrat Jones wins U.S. Senate seat in Alabama in blow to Trump
Crews battling California wildfires gird for return of high winds

Leave a Reply

Your email address will not be published. Required fields are marked *