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| Lufthansa set to sign Air Berlin deal | Lufthansa set to sign Air Berlin deal |
| (35 minutes later) | |
| Lufthansa is set to sign a deal to buy parts of Air Berlin, the failed German carrier. | Lufthansa is set to sign a deal to buy parts of Air Berlin, the failed German carrier. |
| Germany's second-largest carrier filed for bankruptcy in August after its main shareholder, Etihad, said it would not give further financial support. | Germany's second-largest carrier 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 €150m from the German government. | Flights continued after a transitional loan of €150m from the German government. |
| The airline has since been negotiating with potential buyers for parts of its business. | The airline has since been negotiating with potential buyers for parts of its business. |
| It said last month that negotiations with Lufthansa and EasyJet would continue until Friday. | It said last month that negotiations with Lufthansa and EasyJet would continue until Friday. |
| "We will see a milestone in the history of Lufthansa and Air Berlin today," Lufthansa chief executive Carsten Spohr told Rheinische Post. | "We will see a milestone in the history of Lufthansa and Air Berlin today," Lufthansa chief executive Carsten Spohr told Rheinische Post. |
| Lufthansa, Germany's largest airline, is set to buy Air Berlin's Niki leisure unit, its LG Walter regional airline and some additional short-haul aircraft, Reuters reported. | Lufthansa, Germany's largest airline, is set to buy Air Berlin's Niki leisure unit, its LG Walter regional airline and some additional short-haul aircraft, Reuters reported. |
| Mr Spohr said he expected the imminent Air Berlin deal to receive European Union approval by the end of the year, allowing operations to stabilise within about six to nine months. | |
| Shares in Lufthansa rose more than 3% to top Germany's Dax index after the chief executive's comments and upbeat notes from analysts. | |
| Air Berlin, which accumulated debt for almost a decade, reported a record loss of €782m (£713m) for last year. | Air Berlin, which accumulated debt for almost a decade, reported a record loss of €782m (£713m) for last year. |