Air Berlin flights were delayed or cancelled for a second day on Wednesday, as pilots staged a "sick out." They fear they could lose their jobs when parts of the insolvent company are taken over.
Lufthansa has confirmed it will purchase large parts of insolvent airline Air Berlin. The deal will see Lufthansa take on several parts of the Air Berlin business, as well as taking on 3,000 Air Berlin workers.
Aviation watchers will know it has been a challenging year in European skies. UK airline easyJet has felt the squeeze like many of its rivals. Yet it's bullish about the future despite a sharp fall in profits.
Benefiting from low fuel costs, strong demand and the collapse of Air Berlin, the German flag carrier has reported record profits for 2017. But the air is getting thinner at the top of the European aviation business.
Irish budget carrier Ryanair has announced it's buying a stake in new Austrian leisure airline Laudamotion. The move will help Ryanair secure a bigger foothold in Germany and Austria where it competes with Lufthansa.
© 2018 Deutsche Welle |
Legal notice |
| Mobile version