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EU court backs Lufthansa, easyJet deals over Air Berlin assets
© Cyprus Mail | EU court backs Lufthansa, easyJet deals over Air Berlin assets

German airline Lufthansa (LHAG.DE) and British peer easyJet (EZJ.L) on Wednesday gained backing from Europe’s second top court for their acquisitions of insolvent German carrier Air Berlin’s assets four years ago.

Lufthansa received the EU green light from the European Commission in 2017 to buy Air Berlin’s subsidiary LGW in return for giving up some slots at Duesseldorf airport.
In another deal, EasyJet secured unconditional clearance from the EU competition enforcer for th….. Read More On: Cyprus Mail

Article Source: Cyprus Mail
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