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

EU clears Lufthansa plan to take over part of Air Berlin

The European Union has approved a deal that will see Germany's biggest airline, Lufthansa, take over part of defunct Air Berlin — formerly the country's second-largest carrier......»»

Category: topSource: foxnewsDec 21st, 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

Lufthansa extends contract of CEO Carsten Spohr

BERLIN (Reuters) - German airline group Lufthansa has extended the contract of its Chief Executive Carsten Spohr for a further five years, with the manager set to report another record year in terms of financial results later this week......»»

Category: topSource: reutersMar 14th, 2018

To avoid govt logjam, US strikes 2-yr budget deal to lift spending cap

I am very pleased to announce that we have reached a two-year budget deal to lift the spending caps for defence and urgent domestic priorities: Schumer.....»»

Category: topSource: business-standardFeb 8th, 2018

Republican Fiscal Hawks Revolt Against Budget Deal, Suspension Of Debt Ceiling

As more details emerged about today's bipartisan Senate budget deal, which will lift spending caps by $300 billion above the current limi.....»»

Category: blogSource: zerohedgeFeb 7th, 2018

Debt ceiling fears fade from Treasury bills after Congress leaders strikes budget pact

Yields for short-dated Treasury bills due in early March fell from their elevated levels on Wednesday after Senate leaders said they struck a two-year budget deal that would lift the debt.....»»

Category: topSource: marketwatchFeb 7th, 2018

Budget deal would lift debt ceiling through March 2019: White House"s Sanders

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchFeb 7th, 2018

Lufthansa urges Alitalia to slim down ahead of deal

Lufthansa's plan to buy Alitalia hit a stumbling block as the German carrier calls for major cuts before it moves forward. Silvia Antonioli reports......»»

Category: videoSource: reutersJan 12th, 2018

Exclusive: Lufthansa CEO calls for "significant" Alitalia cuts - letter

FRANKFURT (Reuters) - Lufthansa sees a need for "significant" restructuring at Italy's Alitalia before the German airline can make a deal to buy the carrier, according to a letter by Lufthansa Chief Executive Carsten Spohr seen by Reuters on Thursday......»»

Category: topSource: reutersJan 11th, 2018

Air Berlin sells subsidiary Aviation GmbH to Thomas Cook

Air Berlin has already sold major parts of its assets to German flagship carrier Lufthansa and Britain's easyJet.....»»

Category: topSource: business-standardJan 3rd, 2018

German lawmaker blasts EU for opposing Niki sale to Lufthansa

BERLIN (Reuters) - The German governme.....»»

Category: topSource: reutersDec 31st, 2017

One bidder remains in takeover talks for Niki, Lauda pulls out

VIENNA (Reuters) - One bidder is left in what was a four-party competition to take over Air Berlin's insolvent Austrian airline Niki, its administrator said in an emailed statement on Thursday, adding the deal should be completed within days......»»

Category: topSource: reutersDec 28th, 2017

What Penn National Gets With $2.8 Billion Deal for Pinnacle

Casino operator Penn National has agreed to acquire rival Pinnacle Entertainment for $2.8 billion, including debt. The acquisition will lift Penn's total properties by 16 to 41 when the deal closes......»»

Category: blogSource: 247wallstDec 18th, 2017

Thyssenkrupp makes offer to workers for Tata Steel deal: sources

BERLIN (Reuters) - Thyssenkrupp has offered workers commitments on jobs and investments to get union backing for its deal with Tata Steel to merge their European steel operations, several people close to labor union IG Metall said......»»

Category: topSource: reutersDec 10th, 2017