The employees at AirBerlin have questions. Lots of questions. The future of most of the 8,200 employees is far from secure - even after the deal with Lufthansa. The airline is purchasing most of the planes for 210 million euros.
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.
Germany's flag carrier is expanding rapidly after taking over a large part of the fleet of insolvent rival Air Berlin. The hiring spree will boost payrolls at both Lufthansa itself and its low-cost subsidiary Eurowings.
German flag carrier Lufthansa says it has replaced Irish rival Ryanair at the top of the list of airlines with the most passengers in Europe. The demise of Air Berlin played no small part in this, experts noted.
Airlines are going out of business but the current consolidation in European aviation is "long overdue" say experts. More change is coming, but, overall, things look good for consumers as competition stays fierce.
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