easyJet today signed an agreement with airberlin 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 airberlin flying crews and taking over other assets including slots.
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