Lufthansa announced today, it will takeover 81 Air Berlin’s Aircraft along with 3000 staff of Air Berlin.
The announcement came after a successful internal meeting with Air Berlin, and the final contract will be signed today at 12:00 local time.
Lufthansa LHGroup confirmed buying 81 of 144 Air Berlin Aircraft for 200 million euros and takeover Air Berlin’s subsidy NIKI and LGW airlines. The LHGroup plans to use the Aircraft for its low-cost carrier Eurowings and said to inject another 1.5billion euros into the business.
LH Group CEO Spohr says it may take up to three months to carryout antitrust checks and proceed the takeover.