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Lufthansa deal with Air Berlin about to lift off

Lufthansa has confirmed it will sign a deal to buy parts of its insolvent smaller German rival Air Berlin. As Sonia Legg reports, Germany's second largest airline filed for insolvency on Aug. 15. A government loan has been keeping its planes in the air......»»

Category: videoSource: reutersOct 12th, 2017

Lufthansa"s swoop on Air Berlin stirs competition concerns

LONDON/VIENNA (Reuters) - With the ink barely dry on Lufthansa's deal to take over large parts of insolvent Air Berlin, the airline risks having its wings clipped by regulators and rivals concerned about unfair competition......»»

Category: topSource: reutersOct 13th, 2017

Lufthansa Prepares to Buy Parts of Air Berlin in $1.8 Billion Deal

The German flag carrier said it expected to take over 81 aircraft and hire 3,000 people from the budget airline, which filed for insolvency in August......»»

Category: dealsSource: nytOct 12th, 2017

Lufthansa to sign deal with bankrupt Air Berlin

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......»»

Category: topSource: foxnewsOct 12th, 2017

Air Berlin races to clinch Lufthansa, easyJet deal

Insolvent German airline Air Berlin hopes to conclude talks with Lufthansa and easyJet on a carve-up.....»»

Category: videoSource: reutersSep 25th, 2017

Eurowings wins union backing to speed up hiring amid Air Berlin turbulence

BERLIN (Reuters) - Lufthansa budget unit Eurowings has agreed a deal with the Verdi union that will allow it to hire new cabin crew at short notice from rivals such as bankrupt Air Berlin ......»»

Category: topSource: reutersSep 20th, 2017

Ryanair wants Lufthansa, AirBerlin deal blocked

Irish low-cost carrier Ryanair will not make an offer for assets of insolvent German airline Air Berlin , its Chief Executive Michael O'Leary said on Wednesday, citing what he called a 'stitch-up' bidding process. Kate King reports.....»»

Category: videoSource: reutersAug 30th, 2017

Ryanair in cooperation talks with AlItalia, to fight Lufthansa deal

DUBLIN (Reuters) - Ryanair is in talks about providing connecting flights to AlItalia's long-haul services and has raised objections with German authorities about a Lufthansa-Air Berlin tie-up, as it tries to ease its expansion in continental Europe......»»

Category: topSource: reutersJan 25th, 2017

New US stance on Iran raises alarm for big firms

Western firms have piled into Iran in the two years since world powers agreed to lift sanctions. Now, as President Donald Trump deals a blow to that deal, executives must decide whether to stay the course......»»

Category: topSource: moneycentralOct 13th, 2017

New U.S. Stance on Iran Raises Alarm for Big Firms

Western firms have piled into Iran in the two years since world powers agreed to lift sanctions. Now, as President Donald Trump deals a blow to that deal, executives must decide whether to stay the course......»»

Category: smallbizSource: wsjOct 13th, 2017

Trump"s Wrangling With Iran Raises Alarm Bells for Multinationals

Western firms have piled into Iran in the two years since world powers agreed to lift sanctions. Now, as President Trump signals he is considering a rethink of that deal, executives must decide whether to stay the course......»»

Category: smallbizSource: wsjOct 13th, 2017

Lufthansa to Buy Units of Air Berlin for $249 Million

The German flag carrier said it would to take over 81 aircraft and hire 3,000 people from the budget airline, which had filed for insolvency in August......»»

Category: dealsSource: nytOct 12th, 2017

Lufthansa agrees to buy parts of insolvent Air Berlin

FRANKFURT (Reuters) - Lufthansa agreed to buy parts of insolvent German airline Air Berlin for around 210 million euros ($248.72 million), Air Berlin said on Thursday......»»

Category: topSource: reutersOct 12th, 2017

It’s Official: Lufthansa Is Taking Over Most of Air Berlin

It wil.....»»

Category: europeSource: fortuneOct 12th, 2017

Lufthansa to buy 81 planes, 3,000 staff from Air Berlin

Air Berlin triggered bankruptcy proceedings in August after losing a cash lifeline from its biggest shareholder Etihad Airways.....»»

Category: topSource: business-standardOct 12th, 2017

Lufthansa is taking over most of Air Berlin

Lufthansa has agreed to take over a large part of Air Berlin, which went bankrupt a couple months back after years of mounting losses and the withdrawal of support from Abu Dhabi-based Etihad, its key shareholder and creditor. .....»»

Category: topSource: moneycentralOct 12th, 2017

German news agency dpa reports Lufthansa CEO says airline will sign agreement to buy large parts of bankrupt Air Berlin

German news agency dpa reports Lufthansa CEO says airline will sign agreement to buy large parts of bankrupt Air Berlin......»»

Category: topSource: foxnewsOct 12th, 2017

Ready for Takeoff? Lufthansa Strikes Deal With Blockchain ICO Startup

Major European airline Lufthansa is partnering with a startup called Winding Tree to develop a blockchain-based travel marketplace with its own token......»»

Category: forexSource: coindeskOct 10th, 2017

Italy offers deal to Monte Paschi small investors

Italy is offering to swap Monte Paschi shares held by former retail bondholders into senior debt. As Silvia Antonioli reports, the transaction would lift the Italian Treasury's stake in the troubled bank to over 67 percent......»»

Category: videoSource: reutersOct 6th, 2017

Futures Movers: Oil gets a lift from talk of an output-cut extension, storm supply risks

Oil prices finish higher Thursday, buoyed by talk of an extension for a deal to cut output, a bigger-than-expected drop in U.S. crude supplies and concerns surrounding production as a potential hurricane approaches the Gulf of Mexico......»»

Category: topSource: marketwatchOct 5th, 2017

Parker-Hannifin Arm & Lufthansa Technik Ink Long-Term Deal

Zacks.....»»

Category: topSource: redinewsOct 2nd, 2017