Lufthansa 'to absorb Air Berlin'

On Sunday, Air Berlin's board fired CEO Stefan Pichler. Thomas Winkelmann is the new CEO. His mission: Complete the integration of debt-burdened Air Berlin into rival Lufthansa. A report in Germany's leading business daily, "Handelsblatt," on Monday said that German federal and state governments had approved a plan for Germany's leading airline, Lufthansa, to take over the country's second-biggest, Air Berlin. (www.dw.com) עוד...