Thomas Cook’s Condor and Lufthansa eye Air Berlin aircraft
Berlin/Frankfurt — Thomas Cook’s German leisure airline Condor and Lufthansa are interested in taking on a number of aircraft from insolvent Air Berlin, sources familiar with the negotiations said on Thursday. Air Berlin, Germany’s second largest carrier, filed for insolvency last week after major shareholder Etihad pulled the plug on funding. The race is on for interested parties to agree on a deal for parts of its business, including aircraft and crew, which would bring access to take-off and landing slots at airports such as Duesseldorf, Berlin Tegel, Munich and Hamburg. Condor was "in the process of preparing a concrete offer", one source said, adding Condor was interested in mainly short-haul routes, and also some long-haul ones. Lufthansa, which was first to talk with Air Berlin, on Wednesday said it had presented a term-sheet to the insolvent carrier, setting out its interest in taking over parts of the Air Berlin group. The German flagship carrier’s proposal for the carve-up...
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