BERLIN (AP) The German news agency dpa is reporting that
Lufthansa CEO Carsten Spohr says the airline will sign an
agreement to buy large parts of the bankrupt carrier Air Berlin.
Spohr said in Berlin that both airlines will sign the agreement
later on Thursday in Berlin.
Spohr said, “Today is a big day, which we will seal in a few
hours with a signature.”
Air Berlin declared bankruptcy in August following years of
losses and the decision of its biggest shareholder, Gulf airline
Etihad, to cease financing.
It has been in talks for weeks with Lufthansa and easyJet about
selling parts of its business.
…
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