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Lufthansa CEO: prepared to give up most of Niki slots to get EU approval

Reuters  |  FRANKFURT 

FRANKFURT (Reuters) - Lufthansa is prepared to give up a large part of carrier Niki's airport slots in order to get EU approval for the acquisition of the Air Berlin unit, its chief executive said on Monday.Lufthansa is also planning to buy Air Berlin unit LGW plus take on other planes from the insolvent carrier but the EU Commission, which is concerned about Lufthansa's potential dominance in Germany as a result of the plan, last week extended its deadline for a decision on the deal to Dec. 21."We will take over Niki with virtually no slots, if that means we get approval from the European ...

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First Published: Mon, December 04 2017. 17:44 IST