You are here: Home » PTI Stories » National » News
Business Standard

Lufthansa says snaps up 81 planes, 3,000 staff from Air Berlin

AFP  |  Berlin 

Germany's biggest airline Lufthansa will buy up more than half of the aircraft of its bankrupt competitor Air Berlin, chief executive Carsten Spohr said today.

On a "great day" for the Frankfurt-based carrier, it will sign a contract to buy 81 of Air Berlin's 144 planes and take on 3,000 of its 8,500 staff at noon (1530 IST) today, Spohr said -- the last day for bidders Lufthansa and Easyjet to close their hoped-for deals.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, October 12 2017. 13:42 IST