Deals
EasyJet in Deal to Take Over Air Berlin A320 Plane Leases, Slots
- Discount airline to pay 40 million euros for Tegal operations
- EasyJet to take over leases on as many as 25 Airbus planes
Passengers board an Airbus A320 passenger aircraft, operated by Easyjet Plc, at London Gatwick airport in this aerial view taken over Crawley, U.K., on Monday, Oct. 24, 2016.
Photographer: Jason Alden/BloombergThis article is for subscribers only.
EasyJet Plc will take over leases for as many as 25 of Air Berlin Plc’s planes and gain access to a second airport in the city as the former No. 2 German airline is liquidated.
EasyJet will pay 40 million euros ($46 million) for the Airbus SE A320 aircraft leases and takeoff and landing slots at Berlin Tegel Airport, the Luton, England-based discount carrier said Friday in a statement. It also has launched a recruitment campaign to attract about 1,000 of Air Berlin’s pilots and cabin crew. The deal is subject to regulatory approval.