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EU court backs Lufthansa, easyJet deals over Air Berlin assets -Breaking

by Mike Robinson

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© Reuters. FILE PHOTO: Lufthansa planes are seen parked on the tarmac of Frankfurt Airport, Germany June 25, 2020. REUTERS/Kai Pfaffenbach/File Photo

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BRUSSELS (Reuters) – Europe’s second top court on Wednesday backed German airline Lufthansa and British peer easyJet (LON:)’s acquisitions of insolvent German carrier Air Berlin’s assets four years ago.

The Luxembourg-based General Court’s ruling came after Polish rival LOT took the European Commission to court for approving both deals.

“The General Court dismisses the actions of Polskie Linie Lotnicze ‘LOT’ against the Commission decisions authorising the mergers concerning the acquisition by easyJet and Lufthansa, respectively, of certain assets of the Air Berlin group,” judges said.

The cases are T-240/18 Polskie Linie Lotnicze “LOT” v Commission and T-246/18 Polskie Linie Lotnicze “LOT” v Commission.

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