EU approves easyJet buyout of parts of Air Berlin

(VOVWORLD) - The EU on Tuesday approved EasyJet's plans to buy certain Air Berlin operations at Tegel airport in Germany. 
EU approves easyJet buyout of parts of Air Berlin - ảnh 1Air Berlin's aircraft at Duesseldorf airport, Germany (Photo:AFP/VNA)

The deal will not reduce competition or benefits to consumers, said EU Commissioner for competition policy Margrethe Vestager.

Air Berlin declared bankruptcy in August after its main stakeholder, Etihad Airways, pulled out. The German government gave Air Berlin a 175-million-USD bridge loan while it negotiates the sale of its assets.

Related News

Feedback

Others