August 17th, 2006
Air Berlin buys dba
Air Berlin, the 3rd largest low-cost airline in Europe, will buy competing German low-cost airline dba. Apparently the motivation behind this move is to increase their capacity at Munich and Dusseldorf. The purchase is said to cost in the region of “mid-double-digit million” Euros.
From 01 April 2007, the airlines will offer a combined flight schedule, but will continue to operate as separate companies.