Lufthansa wins EU nod for Air Berlin spoils

AFP

2017/12/21 | 533 words | LE JOURNAL DE L'AVIATION | AIR TRANSPORT
Lufthansa wins EU nod for Air Berlin spoils © Lufthansa

German carrier Lufthansa clinched EU approval Thursday for its scaled back bid to snap up assets of bankrupt Air Berlin, a European Union statement said.Responding to signals that the EU would veto its initial plans, the German behemoth last week ditched its bid to buy Air Berlin's Austrian unit Niki, focusing instead on the acquisition of the failed airline's smaller LGW subsidiary."Our job is to make sure that mergers do not make European consumers worse off," EU Competition Commissioner M...(…)

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