in Aerospace

EasyJet signs agreement with Air Berlin

Posted 27 October 2017 · Add Comment

EasyJet today signed an agreement with Air Berlin to acquire part of its operations at Berlin Tegel Airport for a purchase consideration of €40 million.



This excludes potential start-up and transitional operating costs. The acquisition is subject to regulatory approvals and is expected to close in December 2017.

The acquisition will result in easyJet entering into leases for up to 25 A320 aircraft, offering employment to Air Berlin flying crews and taking over other assets including slots. EasyJet has launched a recruitment campaign to attract around 1,000 of Air Berlin’s pilots and cabin crew who will be recruited over the coming months and will then be trained on easyJet’s safety and operating procedures. In line with easyJet’s business model they will be employed on local, German contracts under collective labour agreements negotiated with ver.di.

This agreement is consistent with easyJet’s strategy of purposeful investment in strong number one positions in Europe’s leading airports (or number two to a legacy incumbent). 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. This is in addition to easyJet’s existing base at Berlin Schönefeld and would mean that easyJet would be the leading airline in Berlin.

EasyJet will make announcements on the new routes and services to be flown to and from Tegel in due course. EasyJet will operate a reduced timetable at Tegel during the winter season but plans to operate a full schedule from the summer season 2018.

EasyJet is looking to building on the platform it already has in Berlin to fly more passengers, employ more people and support more economic growth in both Berlin and Brandenburg.

 

* required field

Post a comment

Other Stories
Advertisement
Latest News

Space telescope tackles skills shortage

The skills gap in the UK has been delivered a fresh blow after a team of engineering students from Sheffield University - with a little help from Harmonic Drive UK - successfully launched a new solar telescope mounted on a high-altitude

SSTL ships CARBONITE-2 and Telesat's LEO-1 for PSLV launch

Surrey Satellite Technology Ltd (SSTL) has shipped two small satellites, CARBONITE-2 and LEO-1, to India in preparation for a late December launch on ISRO's Polar Satellite Launch Vehicle (PSLV) from the Sriharikota launch site.

Kelvin Hughes secures SharpEye order for Pakistan Navy Submarine

Following the announcement in February 2017 that Kelvin Hughes will be supplying the SharpEye Doppler submarine radar system to the mid-life upgrade programme for the Pakistan Navy's Agosta 90B-class (also known as the Khalid class

SSTL and Astroscale team up for Orbital Debris Removal missions

Astroscale Pte. Ltd. (Astroscale) and Surrey Satellite Technology Ltd (SSTL), have signed a Memorandum of Understanding to pursue joint opportunities in areas of innovative on-orbit technologies and missions designed to safeguard

BMT strengthens defence team

BMT today announced the appointment of Matthew Hart who will join the organisation's business development team.

SEA to showcase DECKsim at MITSG

Cohort company SEA has been invited to outline the latest developments in portable training options for Flight Deck Officers (FDOs) at a meeting of the Maritime International Training Support Group (MITSG), to be held as a precursor to

SMI NCWSK2011171217
See us at
SMI NCWBT3110020218FIL18 BT111017220718Aviation Africa BT18418