Germany's flag carrier has posted a 204 million euro loss for the first six months of 2013. But it believes its restructuring program is working and will pay off before the end of the year.
International Airlines Group has agreed a €36.5 million deal to acquire the Austrian budget airline. Started by Formula One's Niki Lauda, the carrier went bust this month after a deal with Lufthansa fell through.
The sale of budget airline Niki to IAG has hit a snag after a group representing passengers filed a complaint against the insolvency proceedings. The sale of Niki is the final chapter of the demise of Air Berlin.
Germany's Lufthansa Group looks set to expand, even as some rival airlines cut back or fall into bankruptcy. It has set its sights on becoming a leading global player. But air travel markets remain fiercely competitive.
The low-cost airline has launched its first domestic flights in Germany from its new base at Berlin's Tegel Airport. The British carrier has added 19 new routes and joins an already crowded domestic market in Germany.
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