Insolvent airline Air Berlin is pushing ahead with talks with Lufthansa and easyJet about a possible sale.
Air Berlin, which has around 8,000 employees, filed for insolvency last month after major shareholder Etihad said it would stop providing funding.
However, the company is still flying after a £130 million rescue loan from Germany’s government. Air Berlin said that talks will continue with the two airlines until October 12 to sell parts of the business in the hope that ‘roughly 80 per cent of Air Berlin’s staff will likely have jobs if the respective purchases go ahead’.
Willie Walsh, chief executive of IAG, said at an industry conference that ‘it would not come as any surprise’ if Lufthansa was the ‘main winner.’