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Air Berlin pushes ahead with EasyJet and Lufthansa talks

From BBC - September 25, 2017

Insolvent airline Air Berlin, Germany's second-largest carrier, is pushing ahead with talks with EasyJet and Lufthansa about a possible sale.

Air Berlin, which is still flying after a 150m euro (130m) rescue loan from Germany's government, said a deal could help 80% of its staff.

Talks will continue with the two airlines until 12 October to sell parts of the business, Air Berlin said.

The final deal would need to be approved by European Union regulators.

Earlier, British Airways' parent company IAG confirmed it was putting in a bid for part of Air Berlin, but said it expected the airline would go mainly to Lufthansa.

IAG chief executive Willie Walsh said at an industry conference that it would not "come as any surprise" if Lufthansa was the main winner.

'Good prospects'

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