Lufthansa

A group of thieves stole US$5 million in cash, which had been due to travel from Brazil to Switzerland aboard a Lufthansa jet, at a large freight airport near Sao Paulo, police said Monday.

The spectacular heist, which took place late Sunday, was completed in a matter of minutes, and authorities have yet to arrest a suspect.

European stocks suffered a sharp sell-off at the open on Monday, tracking big drops in Asia as growing inflation expectations and rising bond yields took their toll on equity markets, reported Reuters. 

Many people are afraid of traveling by air, even though it is proven that even by car is more dangerous. Aircraft incidents are progressively decreasing, and 2017 has been declared the safest year in aviation history, which is impressive, considering it was the busiest one.

Amsterdam's Schiphol airport briefly suspended all air traffic on Thursday due to a severe storm, as gusts of up to 140 kph (90 mph) blew down trees and damaged buildings.

At least 260 flights were scrapped, while trains, trams and buses were halted across the country after the highest weather alert was issued.

Jets in Europe will soon run on eco-fuel produced from vegetable oil and animal fat. The new fuel will be mixed with traditional kerosene.

EasyJet has confirmed a €40m (£35m) deal with Air Berlin to buy part of the insolvent German airline's operations, in a move that will secure 1,000 jobs, reported BBC. 

EasyJet will buy some of the company's assets at Berlin Tegel Airport, including landing slots as well as leases for up to 25 A320 aircraft.

British airline easyJet has expanded its operations in Germany with the purchase of a part of Air Berlin's operations at Berlin Tegel airport, providing a solution for the bankrupt carrier's remaining assets.

Lufthansa will sign a contract to buy big part of the property of the bankrupt Air Berlin. Lufthansa spokesman Karsten Spor announced that the contract will be confided to notary in Berlin at 12am local time.

Air Berlin announced insolvency in mid-August, operating since then with a EUR 150 million state credit.

A German lawyer accused Chancellor Angela Merkel of misusing public funds in the election campaign, writes Spiegel.

According to the complaint, Merkel used Bundeswehr airplanes and helicopters for her campaign, instead of paying  EUR 18,000 or 30,000 per flight, according to the type of machine - she paid EUR 500 or the price of a flight ticket in the business class of Lufthansa. 

A dogfight over the assets of troubled Alitalia and Air Berlin heralds a new shake-up in the European airline industry -- but unless other carriers cut costs they may meet a similar fate themselves, analysts warn.