Lufthansa plans to use the Air Berlin assets to quickly expand its Eurowings budget business. News of the deal pushed Lufthansa shares up more than 3% to their highest level in nearly 17 years.
Bankrupt German airline Air Berlin must ground all flights by the end of October, the firm said on Monday, as talks continue with prospective buyers Lufthansa and Easyjet.
An Air Berlin jet with 87 people on board overran the runway on the German North Sea island of Sylt and ended Saturday's flight in the grass.
Germany's largest airline Lufthansa said Tuesday it would push ‘rapid growth’ at low-cost subsidiary Eurowings by spending 1.0 billion euros ($1.2 billion) on acquiring more planes ...
Air Berlin, Germany's second biggest airline, filed for insolvency on Tuesday after its main shareholder, Abu Dhabi-based Etihad Airways, withdrew financial aid for the loss-making carrier.
Germany's biggest airline Lufthansa is set to give the go-ahead for renting about 40 planes and crew from Air Berlin at a supervisory board meeting at the end of this month ...
A German appeals court has allowed Abu Dhabi-based airline Etihad to continue most of its code share flights with Air Berlin for the winter schedule ending in March.