EasyJet has taken off with a €40m part of Air Berlin

 
Lucy White
Air Berlin To Shutter By End Of October
Following the deal with insolvent Air Berlin, Easyjet will now be Berlin's leading airline (Source: Getty)

Budget airline EasyJet announced late last night that it had finally clinched a deal to take part of Air Berlin's operations at Berlin Tegel Airport, for €40m.

EasyJet will enter into leases for up to 25 A320 aircraft, offering employment to Air Berlin flying crews and taking over other assets including slots (which give an airline a right to operate at an airport at particular times).

There was hope in sight for Air Berlin's pilots and cabin crew too, whose jobs were endangered following the German airline's collapse into insolvency, as EasyJet said it would look to attract around 1,000 new staff from the airline.

Read more: EasyJet wants to ensure 20 per cent of new cadet pilots are female after doubling its numbers in a year

“This agreement is consistent with EasyJet’s strategy of purposeful investment in strong number one positions in Europe’s leading airports,” said the airline in a statement.

“This will enable EasyJet to operate the leading short haul network at Tegel connecting passengers to and from destinations across Germany and the rest of Europe.”

Read more: Air Berlin plans to agree asset sale deals with at least two buyers by the end of September

EasyJet made the announcement shortly after Air Berlin's final flight touched down in Tegel.

Added to its existing base at Berlin Schönefeld airport, the deal means that EasyJet will now be the leading airline in Berlin.

It said it will make announcements on the new routes and services at Tegel “in due course”, with a reduced timetable in winter but a full schedule from summer 2018.

Read more: Lufthansa boss says the airline will tie up Air Berlin deal today

Related articles