Air Berlin

The management of Astra Airlines is this summer aiming to complete the agreement for the concession of a majority stake in the Thessaloniki-based air carrier to one of the biggest Chinese airlines.

Turkey's leading low-cost carrier Pegasus Airlines plans to add 150 new pilots to its crew, according to the company's general manager.

Air France, which introduced daily flights on the route just a month ago, has now decided to extend the seasonal service to year-round in its 2019/2020 schedule.

Cyprus's Council of Ministers has approved a series of actions to increase tourist arrivals from Germany, following the collapse of Germania, Cobalt and Air Berlin.

Niki Lauda aims to turn a profit from next year with Laudamotion, the airline he has rebranded after buying it back from insolvent Air Berlin, the ex-motor racing champion said on Friday.

The carrier will fly from Germany, Switzerland and Austria to holiday destinations in Greece, Spain and Italy in summer and add city shuttles and charter flights later this year.

[Reuters]

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.

Air Berlin has been forced to cancel about 100 flights after an "unusually high number" of pilots called in sick, in what is believed to be a wildcat strike against possible redundancies at the bankrupt airline, reported The Guardian. 

Insolvent German airline Air Berlin hopes to complete its sale by September, the group's chief executive said, as government officials fended off accusations of favoring Lufthansa in the bankruptcy process.

"We want to settle the sale in September at the latest, otherwise customers' trust in the airline will vanish," chief executive Thomas Winkelmann told newspaper Bild am Sonntag.