you know even though took the helm of air berlin earlier this year is guaranteed at least four point five million euros of bad thousands of employees are furious that they are being left high and dry. three out of four of the eight thousand air berlin employees will lose their jobs look tons and two german states declined funds to guarantee employment for a few months more customers may also get a real deal. they felt by consumers less on offer less flights on offer over time that gap will be partially filled by mainly by lost tons and tons as a low cost affiliate euro wings and possibly by easy jet or commodore but negotiations are ongoing and it's far from certain whether that is going to be successful time has run out for air berlin and its rivals are lining up for its remaining assets but the real painful consumers may only be beginning after roll industry experts predict travelers will have not only few options but also more expensive ones as germany's second largest airline disappears. while on its final day of business and then achieve what it rightly could and its prime sell

clear for landing good almost four decades off the air berlin first took off the now bankrupt ally and sees its final flight we take a look at what the end of an era in the airline industry means for the carriers star and you the consumer. also coming up another german company faces tough times w. the world's biggest carmaker pays dearly for its emissions cheating scandal posting a dramatic drop in profits. this is your business update i'm helen on free in berlin good to have you with us it's bye-bye to the bankrupt and i made its final journey on friday night an emotional moment for the passengers on board and the stouter aside a sad moment for consumers consolidation in the an oil industry means some routes set to get pricea without doubt a sad day for the airline staff as well but the trustee in the bankruptcy says the bulk of jobs could be saved so for now their future remains up in the air. to get a better end for many air berlin employees and some are not mincing their words about c.e.o. thomas. louis freeh. before you go to sleep he. knew you when you move in there. you know eve

really losing air berlin but loved ones will have to do even less for its customers with. the stock market on the other hand is welcoming the news. shares climbed up to three point two percent reaching their highest peak since early two thousand and one despite the enthusiasm of the acquisition is still subject to approval by german and european antitrust authorities. air berlin stock skyrocketed more than fifty percent on the deal fell trading at twenty five cents a share that might not actually be so impressive on the other hand was propelled to real heights its share price reached a seventeen year peak this comes off the back of what's already been a really good week for the it's just managed two and a multi-year labor dispute with its pilots not only did lufthansa when trading today it also helped clear that thirteen thousand point barrier. russia's economy has been hit hard by sanctions in response to the annexation of crimea and by the falling oil price now it's making a push for more foreign investment russian president vladimir putin has been meeting with german bu

one of the leading carriers in the middle east became the largest shareholder of air berlin. and in two thousand and fifteen air berlin posted a record loss its main shareholder as yet once again came to the rescue but to no avail on august fifteenth of this year with the debt burden of almost two billion euros air berlin declared bankruptcy its rival germany's largest carrier left hands acquired many of its roots within germany that prompted concerns over reduced competition and the possibility of increased prices for consumers. and after breakfast without air berlin no company has stepped up to compete against love plans or for these routes of newman's easyjet but it's been the process confident that there's been no agreement yes now customers will face the option of flying loved ones or which can be very expensive or going by train or car instead. of. watching the demise of air berlin is not just a blow for customers thousands of the company's employees look set to lose their jobs. or let's take a look at some news in brief while it was a sad week for air berlin loved ones

you know even though took the helm of air berlin earlier this year is guaranteed at least four point five million euro. and thousands of employees are furious that they are being left high and dry three out of four of the eight thousand air berlin employees will lose their jobs look tons and two german states declined funds to guarantee employment for a few months more customers may also get a road deal. the felt by consumers less on off on those flights offer over time that gap will be partially filled by mainly by lost tons and tons of low cost affiliates euro wings and possibly by easyjet or commodore but negotiations are ongoing and it's far from certain whether that is going to be successful time has run out for air berlin and its rivals are lining up for its remaining assets but the real painful consumers may only be beginning after roll industry experts predict travelers will have not only fewer options but also more expensive ones as germany's second largest airline disappears. lot on its final day of business and then achieve what it rightly could and its prime sell tickets

if you take where air berlin used to compete with lufthansa, with air berlin out of the picture lufthansa will be taking on euro wings. it does not sound like much come petition to me. so there is the fear of higher prices and a monopoly in germany, which are justified in my point of view. and we have to remember, this deal is not in the books yet. should the remains of air berlin, the ones that have not been snatched up by lufthansa, should they find no other buyer, not picked up by another bidder, then the whole deal may be blown. it may be taken off altogether. may be blocked by the competition, because these remains are not supposed to just disappear from the market, because that would give lufthansa even more strength. >> that is why the whole thing is controversial. the other controversy, the employees, because the union says lufthansa is offering too few jobs. >> the situation for the employees is difficult. lufthansa says it is ready to welcome 3000 new members of staff, but for one -- many must reapply for a job, they will not just be taken over along with their old contracts. th

air berlin was growing with acquisitions that included german leisure airline l t u. but the airline has been in the red since two thousand and eight as a result the former c.e.o. and founder your him who stepped down in two thousand and eleven in the same year the new chairman made one signed a groundbreaking deal with gulf airline. one of the leading carriers in the middle east became the largest shareholder of air berlin. and in two thousand and fifteen air berlin posted a record loss its main shareholder and he had once again came to the rescue but to no avail on august fifteenth of this year with a debt burden of almost two billion euros air berlin declared bankruptcy its rival germany's largest carrier quired many of its roots within germany that prompted concerns over reduced competition and the possibility of increased prices for consumers. without air berlin no company has stepped up to compete against love plans or for these routes easyjet sort of be in the process confident that there's been no agreement yes or no customers will face the option of flying lo

air berlin was growing with acquisitions that included german leisure airline l.t. you. but the airline has been in the red since two thousand and eight as a result the former c.e.o. and founder your him step down in two thousand and eleven in the same year the new chairman made one signed a ground breaking deal with gulf airline. one of the leading carriers in the middle east became the largest shareholder of air berlin. and in two thousand and fifteen air berlin posted a record loss its main shareholder and he had once again came to the rescue but no avail on aug fifteenth of this year with a debt burden of almost two billion euros air berlin declared bankruptcy its rival germany's largest carrier looked on such a quiet many of its roots within germany that prompted concerns over reduced competition and the possibility of increased prices for consumers. without air berlin no company has stepped up to compete against love plans or for these routes easyjet sort of be in the process confident that there's been no agreement yet now customers will face the option of flying

air berlin was growing with acquisitions that included german leisure airline l.t. you. but the area and has been in the red since two thousand and eight as a result the former c.e.o. and founder your him step down in two thousand and eleven in the same year the new chairman made two and signed a groundbreaking deal with gulf airline. one of the leading carriers in the middle east became the largest shareholder of air berlin. and in two thousand and fifteen air berlin posted a record loss its main shareholder as he had once again came to the rescue but to no avail on august fifteenth of this year with a debt burden of almost two billion euros air berlin declared bankruptcy its rival germany's largest carrier acquired many of its roots within germany that prompted concerns over reduced competition and the possibility of increased prices for consumers. with air berlin no company has stepped up to compete against love plans or for these routes and easyjet but if you're in the process confident that there's been no agreement yes or no customers will face the option of flying

more destinations as a result by two thousand and three air berlin was the second largest carrier in germany. three years later it went public on the frankfurt stock exchange valued at more than five hundred million euros air berlin was growing with acquisitions that included german leisure airline l t u but the airline has been in the red since two thousand and eight as a result the former c.e.o. and founder york in hunan stepped down in two thousand and eleven in the sign me of the new chairman hartman mare dawn signed a groundbreaking deal with gulf airline he had one of the leading carriers in the middle east and became the largest shareholder of air berlin. it's a milestone in the history of air travel in aeronautics history. with the deal air berlin joint airline alliance one world but business didn't improve despite cost saving measures and restructuring in twenty fifteen air berlin posted a record loss of four hundred fifty million euros the main shareholder if he had once again came to the rescue but to no avail evelyn was making headlines for the wrong reasons cancelled fli

air berlin was growing with acquisitions that included german leisure airline l t u. but the area and has been in the red since two thousand and eight as a result the former c.e.o. and founder your him step down in two thousand and eleven in the same year the new chairman made two and signed a groundbreaking deal with gulf airline. one of the leading carriers in the middle east became the largest shareholder of air berlin. and in two thousand and fifteen air berlin posted a record loss its main shareholder as yet once again came to the rescue but to no avail on aug fifteenth of this year with a debt burden of almost two billion euros air berlin declared bankruptcy its rival germany's largest carrier looked once acquired many of its roots within germany that prompted concerns over reduced competition and the possibility of increased prices for consumers. without air berlin no company has stepped up to compete against love plans or for these routes easyjet but it's been the process confident that there's been no agreement yes now customers will face the option of flying

air berlin have the option of staying in the air as a sub contracted service for and of tons even if it can't operate any more under its own colors so this is something clearly positive for investors although i have to say that enthusiasm has been more than matched by the photons that investors look tons of shares are wiping the floor with everybody here at the docks from where i'm standing because the gains are gains were. there any gains for customers what does it mean for travelers this take oh well i feel they will have fewer choices because not all current tourbillon connections will be serviced in the future and i feel customers will also have to expect higher ticket prices sure as the c.e.o. . is vehemently denying that prices are going to go i was let me i would in his position he says there is the competition there in the european market but. where air berlin and lived used to be competitors now will be competing with euro wings its own no frills subsidiary which is snatching up most parts. i don't see that there is a lot of competition there ok what does what else does it m

and it's a bitter end for many air berlin employees and some are not mincing their words about c.e.o. thomas. do you agree. before you just leave the. money. in the. you know even though took the helm of air berlin earlier this year is guaranteed at least four point five million. urals and thousands of employees are furious that they are being left high and dry three out of four of the eight thousand air berlin employees will lose their jobs look tons and two german states declined funds to guarantee employment for a few months more customers may also get a road deal. felt by consumers less on offer less flights offer over time that gap will be partially filled by mainly by lost tons and tons as low cost affiliates euro wings and possibly by easyjet or commodore but negotiations are ongoing and it's far from certain whether that is going to be successful time has run out for air berlin and its rivals are lining up for its remaining assets but the real painful consumers may only be beginning after roll industry experts predict travelers will have not only few options but also more expe

for more on the air berlin deal let's cross over to john l. do allow standing by outside the frankfurt stock exchange general what more can you tell us about this deal. well i can tell you that this deal although very much expected has made investors here really happy lufthansa share price actually spike two point seven percent today its highest level in seventeen years now investors are still waiting for further details to trickle in like the final sale price held earlier reports put that figure out the low hundred million euros so two hundred million euros to buy the company one hundred million euros to meet operating costs now the contract signing is set for twelve today we'll find out later if that figure turns out to be correct now in terms of stuff is said to be absorbing three thousand of air berlin stuff which means that you have about five thousand for future remains unclear ok we know what about this purchase will it bring some certainty to the airline market especially for travelers who have been so badly shaken by the bankruptcy of

the live tons of air berlin takeover deal is set for takeoff thirty history rivals and forty six they may challenge the mood. is up next our business block after the break. i'll see at the top the hour. when i'm traveling to be comfortable. but i also want to stay up to date on the latest news events. and e.w. makes that part of traveling easy because it's available and thousands of hotels resorts cruise ships world why. have you found a sign send us a picture that shows the w in your room you can win a great prize d.w. dot com travel quiz. what about evelyn's stuff and the broken carious remaining assets a day after the last answer evelyn take over rivals until thorough to say they'll challenge the deal. happy birthday a three eighty a decade ago as delivered its first super jumbo but it is not the success story the company had hoped for. and the plot that's used to produce take keer could soon you will get your car will tell you how. welcome to do business all of the bill and deal has sparked controversy in the aviation sector low cost carrier ryanair wants to take the deal to europ

air berlin stock skyrocketed more than fifty percent on the deal fell trading at twenty five cents a share that might not actually be so impressive on the other hand was propelled to real heights its share price reached a seventeen year peak this comes off the back of what's already been a really good week for the it's just managed two and a multi-year labor dispute with its pilots not only did look tonsil when trading today it also helped clear the thirteen thousand point barrier. france where president and monarch cause launching step two in his labor market overall focusing on unemployment benefits and job training workers and unions are still protesting a first set of labor measures that. last months and making it easier for firms to hire and fire today he met with france's main workers and employers unions to start negotiations that will likely last for months. i won't welcome for the man behind tuesday's unprecedented public sector strike from its target for philip martin is it was his chance to tell president montoya marco in person what he thought of his plans to make it easi

everyone knew it was coming and now it has happened ten so will incorporate air berlin's assets into its expanding subsidiary euro wings. of ten's who will pay approximately two hundred ten million euros and will take over eighty one of about one hundred thirty least aircraft from air berlin seventeen hundred employees will become lufthansa staff and a further thirteen hundred can reapply for their jobs doesn't go to shit for. although this is a big step for you or a wings and i think it's an important decision for germany's position in the aviation industry because we're capable of providing a secure future for three thousand employees which is not necessarily the case before and i have to admit we have to ensure that europe too has strong global players. for the german very union the three thousand positions offered by loved ones are not enough because they leave five thousand five hundred employees out of the deal. doesn't this is not good news for air berlin employees because right now it seems like only a fraction of the workforce will have the ability to apply for a job and. we

but the shit you can see but it's unfortunate for passengers of both of times and air berlin it's sad. times will have to do even less risk. skimmers. the stock market on the other hand is welcoming the news. shares climbed up to three point two percent reaching their highest peaks in really two thousand and one despite the enthusiasm of the acquisition is still subject to approval by german and european antitrust authorities. air berlin stocks skyrocketed more than fifty percent on the deal now trading at twenty five cents a share that might not actually be so impressive on the other hand was propelled to real heights its share price reached a seventeen year peak this comes off the back of what's already been a really good week for the it's just managed two and a multi-year labor dispute with its pilots not only did look tonsil when trading today it also helped clear that thirteen thousand point barrier. russia's economy has been hit hard by sanctions in response to the annexation of crimea and by the falling oil price now it's making a push for more foreign investment russian presid

leaving the fates of thousands still up in the air air berlin had previously announced it expected to find work for eighty percent of its payroll. and we'll have lots more for you on this story analysis on the deal with monica johns and our a business block a little later on well also coming up in business are you running low on money well we'll tell you how one mayor of a russian town solved the problem by printing his own currency for residents to use and would you be this enthusiastic about getting a chip injected in your arm there are calls for athletes to get shipped to fight doping michael shows a will have those are there he is getting a chip inserted in his arms i would not go for that all right monica jones we'll have more on that for you in just a moment statement. we speak different languages we fight for different things that's fine let me all stick up for freedom freedom of speech and freedom of press.

of the cake but is taking no responsibility for those who work at air berlin. many passengers are skeptical about the takeover they fear less competition in the skies will have negative consequences for everyone. but then surely tickets will become more expensive and they'll be a monopoly which is not in the interest of passengers. but this year they've been through but it's unfortunate for passengers of both loved ones and air berlin it said really using air berlin but look times will have to do even less for its customers. the stock market on the other hand is welcoming the news. shares climbed up to three point two percent reaching their highest peak since really two thousand and one despite the enthusiasm of the acquisition is still subject to approval by german and european antitrust authorities. it's a german topic but it has lobel consequences and to help us understand them better we have our reporter just of corba right here in the studio high cost of good to see you so this air berlin drama is almost over how does this takeover change the aviation land

the employees at air berlin have questions lots of questions the future of most of the eight thousand two hundred employees is far from secure even after a deal with the photons the airline is purchasing most of the planes for two hundred ten million euros that's eighty one of the one hundred thirty aircraft but very few employees are being offered jobs at the tons of seventeen hundred of air berlin's former employees are already working there they were lent out to live tons of subsidiary euro wings their only an additional thirteen hundred jobs to apply for i know against it hit us you know tons of the impression is that lufthansa snatching up the best parts of air berlin for its own business the employees are just an afterthought that's not permitted under european and german labor laws gotten into office all patient about face and staff can't be left in the lurch like that. i don't think the employees will accept it. but the financial pressure on every lane is immense it closes its doors at the end of the month and the unions can see it coming up with a better plan for the remainin

you can see but it's unfortunate for passengers of both lufthansa and air berlin it's sad really. will have to do even less for its customers and. the stock market on the other hand is welcoming the news. climbed up to three point two percent reaching their highest peaks in early two thousand and one despite the few. the acquisition is still subject to approval by german and european antitrust authorities. all right joining me now in the studio is my very aviation savvy colleague chris duff corba the first of all that deal would you say it's a good one is the best that ebeling could get well it depends who you ask if you ask lou times are for them it is a gigantic coup their low cost subsidiary euro wings in which the herbal imports will be integrated it doubles in size just from one day to the other just like that that is very rare and it doesn't have to go through painfully slow growth in this low cost market which is dominated by other players so for it is it is a big coup if you look at the air berlin staff well it's a it's a rather sad scenario scenario for them of one the fl

berlin's equipment and that will all be decided in the coming days but most of the air berlin staff will have to find new jobs. many passengers are also sad to see air berlin go it had a reputation for friendliness and good service and bringing german tourists to sunny destinations at a reasonable price. even if i do think it's sad for passengers first that we're losing our berlin but also because loved ones and now it has to do even less for customers if there's no competition anymore. foreign competitors are also unhappy with the way the deal was struck ryanair and other former bidders for air berlin want to take their case to european courts they're convinced that love tons of received an unfair advantage in clinching the deal. the atmosphere in spain remains on edge its federal government wants to know by monday whether catalonia is withdrawing its vaguely worded declaration of independence opinions are divided in the population and in business. use it most a business owner is in downtown barcelona together with thousands of others eager to send a clear signal to the cattle on p

in the air and there are still sixty three air berlin airplanes looking for a buyer. did all these people in the chamber who has been gauging the mood at berlin taking the whole off and. you have a chance to talk to a lawyer about that tons a deal what has been saying so i spoke with a lawyer who represents some of the pilots and the technicians who work for air berlin so he works pretty much for the workers council of air berlin and he told me that the work as the pilots and technicians specifically are really concerned about their contracts because look tons i won't be taking them on as they are currently hired they have to reapply for jobs so some of them may not even get a job and if they do the job will have different conditions so obviously that's a major issue especially if you've been with the organization for like twenty years and you're making a lot of money and then suddenly you have to you know reapply like someone who just left university so it's actually a major concern for a lot of people to understand the worries there from the staff but what about pas

berlin's equipment and that will all be decided in the coming days but most of the air berlin staff will have to find new jobs. many passengers are also sad to see air berlin go it had a reputation for friendliness and good service and bringing german tourists to sunny destinations at a reasonable price. even provided its sad for passengers first that we're losing our berlin but also because loved ones and now has to do even less for customers says there's no competition anymore foreign competitors are also unhappy with the way the deal was struck ryanair and other former bidders for air berlin want to take their case to european courts they're convinced that love tons of received an unfair advantage in clinching the deal. the atmosphere in spain remains on edge its federal government wants to know by monday whether catalonia is withdrawing its vaguely worded declaration of independence opinions are divided in the population and in business. use that motor a business owner is in downtown barcelona together with thousands of others eager to send a clear signal to the cattle on parlia

berlin's equipment and that will all be decided in the coming days but most of the air berlin staff will have to find new jobs. many passengers are also sad to see air berlin go it had a reputation for friendliness and good service and bringing german tourists to sunny destinations at a reasonable price. even if i do think it's sad for passengers first that we're losing our berlin but also because look times and now has to do even less for customers if there's no competition anymore. foreign competitors are also unhappy with the way the deal was struck ryanair and other former bidders for air berlin want to take their case to european courts they're convinced that look times are received an unfair advantage in clinching the deal. the atmosphere in spain remains on edge its federal government wants to know by monday whether catalonia is withdrawing its vaguely worded declaration of independence opinions are divided in the population and in business. use it most a business owner is in downtown barcelona together with thousands of others eager to send a clear signal to the cattle on pa

berlin's equipment and that will all be decided in the coming days but most of the air berlin staff will have to find new jobs. many passengers are also sad to see air berlin go it had a reputation for friendliness and good service and bringing german tourists to sunny destinations at a reasonable price. even provided its sad for passengers first that we're losing our berlin but also because loved ones and now has to do even less for customers if there's no competition anymore foreign competitors are also unhappy with the way the deal was struck ryanair and other former bidders for air berlin want to take their case to european courts they're convinced that love tons of received an unfair advantage in clinching the deal. the atmosphere in spain remains on edge its federal government wants to know by monday whether catalonia is withdrawing its vaguely worded declaration of independence opinions are divided in the population and in business. use it maria ming gad a business owner is in downtown barcelona together with thousands of others eager to send a clear signal to the cattle on p

that's coming up but first and that air berlin. set for takeoff for theory is another player who wants them to stay grounded yes one player and some of that half second thoughts now i mean this deal certainly sparked controversy in the aviation sector this low cost carrier ryan air saying they wanted to take the deal to european competition authorities the german were not fully camas commission is looking at starting an antitrust investigation investors though welcome the takeover pushing of tons of stock to a sixteen year high now under the deal germany's number one airline is buying up half of the country's second largest carrier the deal will leave the towns in a much better position to compete with foreign budget airlines like easy jet like ryan air which dominates europe's short haul routes in a moment we will look a bit deeper into that to deal with cost of corba first some facts and figures that . the employees at air berlin have questions lots of questions the future of most of the eight thousand two hundred employees is fa

could there be competition issues because of interest in air berlin. alitalia we re interest in air berlin. alitalia were founded in 1946. it only made a profit in one year since then, that was in 1998. why has alitalia been embroiled in crisis for decades and co nsta ntly embroiled in crisis for decades and constantly propped up by the italian government for a long time and then etihad in recent years? is italy. it is italy. it is unfortunate that perhaps alitalia was to local to be a local player. lufthansa was to german in many eyes, but it could become a global carrier. it is certainly an issue of how alitalia was managed, how it had its position mainly in the italian market, looking elsewhere. lufthansa now has a good goal with the austrian is in the swiss having a centre position in europe. —— austrians and swiss. we will keep an eye on that story as it develops. and now for some other news. shares of kobe steel are now at a five year low having slid more than 3% this morning after it was revealed the cheating crisis engulfing japan's thirdâ€

it all began in one thousand nine hundred seventy eight air berlin usa was born a charter airline with two planes and seventy eight employees the first flight to tourists from berlin to majorca it was known for flying to the warmer parts of europe in the mediterranean. in nineteen ninety eight the holiday charter airline went into air transport business offering more destinations as a result by two thousand and three billion was the second largest carrier in germany. three years later it went public on the frankfurt stock exchange valued at more than five hundred million euros air berlin was growing with acquisitions that included german leisure airline l t u but the airline has been in the red since two thousand and eight as a result the former c.e.o. and founder your him who not stepped down in two thousand and eleven in the sign you're the new chairman hartman mayor dawn signed a groundbreaking deal with gulf airline he had one of the leading carriers in the middle east and became the largest shareholder of air berlin. it's a milestone in the history of air travel in aeronautics his

you can try but it's unfortunate for passengers of both lufthansa and air berlin it's sad really. will have to do even less for its customers if. the stock market on the other hand is welcoming the news. climbed up to three point two percent reaching their highest peaks in early two thousand and one despite the enthusiasm of the acquisition is still subject to approval by german and european antitrust authorities. across rival ready. protesting a may fight the deal and many workers are worried about their future employment status to help sort through the wreckage of joined by david sheff a lawyer who's representing some crew and cabin stuff on the. financial correspondent in frankfurt we start with you general ryanair apparently is not complaining to e.u. competition regulators can they stop the deal you know ryan air has already been really vocal about this in the past weeks they've been calling it a conspiracy between the german government and the photons are to strengthen the country's flagship carrier now of course rumors that lufthansa had been gearing up to take over air ber

berlin so it's a milestone in the history of air travel in aeronautic history. with the deal air berlin joined the one world airline alliance but business didn't improve despite cost saving measures and restructuring efforts in twenty fifteen air berlin posted a record loss of four hundred fifty million euros eight he had once again came to the rescue but to no avail air berlin began making headlines for all the wrong reasons canceled flights lost luggage customer confidence and satisfaction dwindled the airline went bust after negotiations that rivals considered unfair lufthansa acquired eighty one aircraft and routes from its former rival now many flights within germany will only be offered by one carrier and a lot of passengers fear their berlin's the miners will soon lead to a big hike in ticket prices. no business news in the next hour right now taking a look at some fabulous produced in form many thank you so much helena yes we are the pictures for a new exhibit at the now famous world famous museum barberini and potsdam an exhibit featuring our works from

berlin's equipment and that will all be decided in the coming days but most of the air berlin staff will have to find new jobs. many passengers are also sad to see air berlin go it had a reputation for friendliness and good service and bringing german tourists to sunny destinations at a reasonable price. even if i do think it's sad for passengers first that we're losing our berlin but also because loved ones and now it has to do even less for customers if there's no competition anymore. foreign competitors are also unhappy with the way the deal was struck ryanair and for other. imre bidders for air berlin want to take their case to european courts they're convinced that love tons of received an unfair advantage in clinching the deal. the atmosphere in spain remains on edge its federal government wants to know by monday whether catalonia is withdrawing its vaguely worded declaration of independence opinions are divided in the population and in business. use it maria ming get a business owner is in downtown barcelona together with thousands of others eager to send a clear signal to th

berlin's tegel airport has been dominated by upstart air berlin since shortly after the fall of the berlin wall but after an ambitious start and an aggressive acquisition strategy air berlin is bankrupt and now germany's love towns is moving in on its turf after two weeks of wrangling germany's number one airline is agreeing to buy eighty one of air berlin's aircraft and take over three thousand of its workers. tonnes a c.e.o. cost insure addressed concerns of market dominance suggesting prices for flights will not increase even though look tons has effectively swallowed up a major competitor. has a market share of three percent worldwide and fourteen percent in europe we are far from being a monopoly in our business is one of the few what ticket prices have come down over the years i don't think this trend will be up ended by a transaction like this. still many other issues remain unresolved those towns will take over less than half of the air berlin's employees leaving the fates of thousands still up in the air and there are still sixty three air berlin airplanes looking for a buyer. so

well on its final day of business the bankrupt carrier air berlin has achieved what it really could in its prime sell tickets at a price high enough to make a profit the airline's last flight is to depart munich tonight it's been sold out for weeks with some seats going for six times the usual fare it will be an emotional goodbye germany's largest airline look fans will take over the lion's share of air berlin assets the rest could go to easyjet or condo. time to take a look back at a company that started small and try to get too big according to many it all began in one thousand nine hundred seventy eight air berlin usa was born a chance to align with two planes and seventy eight employees the first flight to tourist from berlin to majorca it was known for flying to the warmer parts of europe in the mediterranean. in one thousand nine hundred ninety eight the holiday charter airline when air transport business offering more destinations as a result by two thousand and three billion was the second largest carrier in germany. three years later it went public on the frankfurt stock excha

it's a bitter end for many air berlin employees and some are not mincing their words about c.e.o. thomas bingle man was heat when you check out that. blue do you pray. before you go to sleep he. was you feel when you look in the. room. even though bangle man took the helm of air berlin earlier this year is guaranteed at least four point five million euros and thousands of employees are furious that they are being left high and dry three out of four of the eight thousand air berlin employees will lose their jobs look tons and two german states declined funds to guarantee employment for a few months more customers may also get a road deal. the felt by consumers less on offer less flights offer over time that gap will be partially filled by mainly by lost tons and tons as low cost affiliates euro wings and possibly by easyjet or commodore but negotiations are ongoing and it's far from certain whether that is going to be successful time has run out for air berlin and its rivals are lining up for its remaining assets but the real painful consumers may only be beginning after roll indus

with you made today marks yet another chapter in the demise of air berlin how is that going down in the carrier's hometown well of course we are brilliant hago airport and of course this is a main hub for air berlin and here there's a mix of relief and disappointment relief because obviously there's been a lot of uncertainty and so we now we're kind of seeing it shape how the future is going to look for the employees of air berlin and of course for how it might eventually affect passengers as well and of course is this appointment because that might also mean less choices for customers all right well what exactly that means also for customers i'm sure that underpay a speed can help us there i mean first of all what does it mean for the aviation industry for tons of and for easy jet who was also in the game. it's a big step forward for tons and there's no surprises history in the making for four weeks since the bankruptcy was announced in mid august but there's still some uncertainty in this because we still don't know who the other party might be the other major party picking up ear

"i been flying air berlin for over 30 years. i i st want to be able to o wora little longer under fair conditions. hopefully, i will end up on the street or have to start again with a brand-new -- i will not end up on the street or have to start again with a brand-new contract." meanwhile, many more air berlin flights face cancellation. passengers flying with a sincere you which serves tourist destinations and is still solvent will not be affected. the same applies to lg walter. it's plans will likewise remain in the air. negotiations with prospective fires were due to be concluded october 12. the talks failed due to the british carrier lowering its offer. javier: to the u.s. now, and it has gotten environmentalists outraged. donald trump is moving to repeal a plan which put a limit emissions by u.s. power plants. the hehead of the environmentnt agency called the plan a war agaiainst goal, saying the rule didictated how the u.s. generats electricity. it was part of the previous administration's commitment to the paris climate ag

germany's biggest airline move times that is gearing up to buy large parts of bankrupt carrier air berlin snapping up dozens of its planes and thousands of staff . and i'm glad to have you along we begin our broadcast with a potential breakthrough in the mideast where bitter palestinian libels hamas and fattah say both green groups have managed to reach a reconciliation agreement after a decade long split while it follows talks in the egyptian capital cairo this week a key point has been who of the two factions should control the gaza strip that you see here right behind me was just over a decade ago hamas won parliamentary elections in gaza overwhelmingly and then else it sets off from the territory in two thousand said well israel and egypt have kept . up a blockade on gaza since that period and that has contributed to a dramatic decline in humanitarian conditions in this enclave now faced with political and financial isolation hamas turned to egypt for help in return cairo urged hamas to move forward on repairing ties with rival fatah hell stay with me because last week palestinian pri

and it is goodbye to air berlin. the bankrupt airline's final flight have taken off and passengers could be feeling teary. not just nostalgia, the prices on certain routes could be going up. and the future remains uncertain. the trustee says the bulk of jobs could be saved, but for now it is all up in the air. correspondent: it is a bitter and for many employees in air berlin and some are not mincing their words about the company. >> ♪ who do you pray for at night before you go to sleep what do you feel when you look in the mirror are you proud ♪ correspondent: even though he took the helm of air berlin earlier this year, he is guaranteed 4.5 million euros, and thousands of employees are furious that they are being left high and dry. three out of four employees will lose their jobs. luftansa and others declined funds to guarantee employment for a few months more. customers could also get a raw deal. >> it will be felt by consumers, less offered flights, and over time it will be filled by luftansa and their low-co

business offering more destinations as a result by two thousand and three air berlin was the second largest carrier in germany. three years later it went public on the frankfurt stock exchange valued at more than five hundred million euros air berlin was growing with acquisitions that included german leisure airline l t u but the airline has been in the red since two thousand and eight as a result the former c.e.o. and founder york him hunan stepped down in two thousand and eleven in the same year the new chairman hotman mer dawn signed a groundbreaking deal with gulf airline he had one of the leading carriers in the middle east and became the largest shareholder of air berlin. it's a milestone in the history of air travel in aeronautics history. with the deal air berlin joint airline alliance one world but business didn't improve despite cost saving measures and restructuring in twenty fifteen air berlin posted a record loss of four hundred fifty million euros the main shareholder if he had once again came to the rescue but to no avail air berlin was making headlines for the wrong

berlin's equipment and that will all be decided in the coming days but most of the air berlin staff will have to find new jobs. many passengers are also sad to see air berlin go it had a reputation for friendliness and good service and bringing german tourists to sunny destinations at a reasonable price. even if i do think it's sad for passengers first that we're losing our berlin but also because loved ones and now it has to do even less for customers if there's no competition anymore. foreign competitors are also unhappy with the way the deal was struck ryanair and other former bidders for air berlin want to take their case to european courts they're convinced that love tons of received an unfair advantage in clinching the deal. the atmosphere in spain remains on edge its federal government wants to know by monday whether catalonia is withdrawing its vaguely worded declaration of independence opinions are divided in the population and in business. use it most a business owner is in downtown barcelona together with thousands of others eager to send a clear signal to the cattle on p

"i been flying air berlin for over 30 years. i just want to be able to work a little longer under fair conditions. hopefully, i will end up on the street or have to start again with a brand-new -- i will not end up on the street or have to start again with a brand-new contract." meanwhile, many more air berlin flights face cancellation. passengers flying with a sincere you which serves tourist destinations and is still solvent will not be affected. the same applies to lg walter. it's plans will likewise remain in the air. negotiations with prospective fires were due to be concluded october 12. the talks failed due to the british carrier lowering its offer. javier: to the u.s. now, and it has gotten environmentalists outraged. donald trump is moving to repeal a plan which put a limit emissions by u.s. power plants. the head of the environmental agency called the plan a war against goal, saying the rule dictated how the u.s. generates electricity. it was part of the previous administration's commitment to the paris climate agreeme

lufthansa, air france, rya nair berlin and the likes. lufthansa, air france, ryanair and berlin and the likes. lufthansa, air france, rya nair and easyjet berlin and the likes. lufthansa, air france, ryanair and easyjet are saving the state—owned carriers that are gradually going to die. saving the state—owned carriers that are gradually going to diem luftha nsa are gradually going to diem lufthansa was to put its oar in, but it is buying up quite a bit of air berlin, there will be quite a bit of competition news. for the majority of european travellers you still have a lot of options to connect to other hubs. if lufthansa goodbye alitalia, this could be less stressful com pa red alitalia, this could be less stressful compared to air berlin. ryanair is the largest carrier with 30% of the market. ryanair is the largest carrier with 3096 of the market. we will keep an eye on it. thank you for coming in. we will chat to you about this in the future. particularly with the repercussions for ryanairand a particularly with the repercussions

lufthansa plans to use air berlin planes to expand its eurowings budget airline business. air berlin filed for bankruptcy in august after its main shareholder, etihad, said it would not give further financial support. flights continued after a transitional loan of 150 million euros from the german government. ryanair previously described the negotiations as a "stitch—up" intended to strengthen lufthansa. taking a look at the markets. that is where the nick a closed yesterday but i can tell you it is up—to—date heading for a fresh 21 year high. kobe steel plunged again. they have been hitting record numbers of highs recently but down today and investors will look ahead today and investors will look ahead to his consumer flesh and today and investors will look ahead to his consumerflesh and data today and investors will look ahead to his consumer flesh and data for september which is due out in a couple of darters. —— consumer inflation data. don't forget, you can get in touch with me and some england's chief medical officer has urged global leaders to address the

the employees at air berlin have questions lots of questions the future of most of the eight thousand two hundred employees is far from secure even after a deal with the photons the airline is purchasing most of the planes for two hundred ten million euros that's eighty one of the one hundred thirty aircraft but very few employees are being offered jobs at the tons of seventeen hundred of air berlin former employees are already working there they were lent out to live tonnes of subsidiary euro wings their only an additional thirteen hundred jobs to apply for i know against it hit us you know tons of the impression is that lufthansa snatching up the best parts of air berlin for its own business all from the employees are just an afterthought that's not permitted under european and german labor laws gotten into the whole passion about sports and status can't be left in the lurch like that but it's i don't think the employees will accept it. but the financial pressure on every limb is immense it closes its doors at the end of the month and the unions can see it coming up with a better pl

and it's the end of an era for air berlin almost four decades out of the airlines first take off today it's ever quite landing quite here in the german capital. welcome to the show my name sara harmon it's good to have you with us. we begin in spain where prime minister mariano rajoy says he's dissolving the catalan parliament roy sack the government of cow long and call us now by election for the region set for december twenty first all this after the kalman parliament voted in favor of the clearing independence for spain that triggered celebrations come on government palace and even larger ones on the streets outside. the white yes to independence that was the news from consular news parliament it was the moment the separatists have been waiting for and they took to the streets of boston loner in the thousands to celebrate the. it's an enormous satisfaction because we've achieved what we thought. would say that ok the independent state of catalonia in the. meantime never thought it could happen his all thanks to these brave people not knowing that the they were singing inside parliam

air berlin stocks skyrocketed more than fifty percent on the deal now trading at twenty five cents a share that might not actually be so impressive with tons of stock on the other hand was propelled to real heights its share price reached a seventeen year peak this comes off the back of what's already been a really good week for the it's just managed two and a multi-year labor dispute with its pilots not only did lufthansa win trading today it also helped the dax clear that thirteen thousand point barrier he was elected with a mission french president in one mccall wants to overhaul the country's labor market and after making it easier for companies to hire and fire employees it's time for a step to the next before will change unemployment benefits and focus on job training but just like we saw in the first reform the french unions are not letting that happen without a fight today mccall met workers of representatives of negotiations that may last for months. welcome for the man behind tuesday's unprecedented public sector strike from its target for philip martin is it was his chance

germany's biggest airline live tonsil is set to buy large parts of bankrupt carrier air berlin snapping up dozens of its planes and thousands of staff. and spain issues catalonia an ultimatum either explain its position on independence or face direct rule from the dread the spanish government gives the cattle on leadership five days to comply. plus our weeklong series on being gay in today's russia we need a video blogger using his platform to challenge anti-gay businesses and do so with a sense of you. i'm brian thomas thanks so much for joining us palestinian rivals amoss and fatah appear to have read it reached a breakthrough in their reconciliation talks the leader of hamas says the two groups have come to an agreement after negotiations in the egyptian capital cairo now a key point in ending the decade long split between the two sides is agreement over who exactly should control the dollars a strip a mosque sees that territory from fatah during the conflict in two thousand and seven and now there's a chance that gaza will be returned to a unity government under the palestinian auth

extent precisely by lift tens of as the future of air berlin planes and landing rights is clear employees face an uncertain future. eberling pilot on a voice is on his way to the security area of berlin stiegel airport he has flown for the airline for eleven years as an employee representative he supports his colleagues and knows many of them are worried he is concerned himself but friends and relatives have little sympathy they think lufthansa will take on most of the employees. as it might as well be him because that's always the problem you hear oh well you still have a job or there's worse things than going to look tons of but that's not the case no worker will simply move over to move tons of first they work for a year away that means low salaries and if you shop in if you will decide who can stay and who can go. so. far it is afraid those who don't make it to lost tons of euro wing subsidiary in austria will face a tough choice. since in which all the other jobs are in foreign countries like india or china you have to talk it through with your family a family that suddenly changes e