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EU regulators to rule on easyJet, Air Berlin deal by Dec. 12

Reuters - UK Focus

BRUSSELS, Nov 8 (Reuters) - EU antitrust regulators will rule by Dec (Shanghai: 600875.SS - news) . 12 whether to allow British budget carrier easyJet to acquire parts of failed German airline Air Berlin (LSE: 0GPE.L - news) 's , the European Commission said on Wednesday.

EasyJet (Frankfurt: A1JTC1 - news) filed for approval on Tuesday, according to the EU competition authority's website. The regulator can either clear the deal with or without demanding concessions or open a full-scale investigation of about four months if it has major concerns.

The deal includes easyJet taking on some of Air Berlin's operations at Tegel (Berlin: TGW.BE - news) airport in the German capital, covering leases for up to 23 A320 aircraft and around 1,000 of its pilots and cabin crew.

The Commission is also reviewing Lufthansa (Xetra: LHAB.DE - news) 's planned purchase of other parts of Air Berlin, with a decision due by Dec. 7. Lufthansa is expected to offer concessions, with the decision then likely to be extended by 10 working days. (Reporting by Foo Yun Chee; Editing by Mark Potter)