Cracks starting to show in Air Berlin takeover talks

Talks between Air Berlin and bidders Lufthansa and EasyJet are reportedly at risk of falling apart.

A report in the German media has suggested EasyJet has reduced its offer for the purchase of up to 30 planes, while there is disagreement over landing rights with Lufthansa, which is bidding for other parts of Air Berlin.

Flights operated by Air Berlin are set to end by October 28 at the latest, with staff being urged to seek jobs elsewhere while the airline works toward a carve-up of its assets.