UK-based LCC easyJet has signed an agreement to take on 25 airberlin Airbus A320 leases and some of the German leisure airline’s Berlin Tegel slots for €40 million ($42 million), strengthening its position in Berlin. The deal, which was announced Oct. 30, is subject to regulatory approvals and is expected to close in December 2017. EasyJet said the €40 million investment excludes potential startup and transitional operating costs. In addition, easyJet has launched a ...

Subscribe to Access this Entire Article

"EasyJet finalizes $42 million deal for airberlin assets" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.