Seven months after solidifying its position in Germany with the purchase of dba, Air Berlin established itself as the fourth-largest carrier in Europe with the acquisition of leisure carrier LTU, for which it will pay €140 million. The deal, which is subject to approval from competition authorities, was signed Monday evening and includes a provision requiring Air Berlin to assume €200 million in LTU debts. AB also announced its intention to buy 49% of Swiss carrier Belair. Its ...

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