The boss of German carrier Lufthansa said he expects to sign a deal today to pick up parts of rival Air Berlin.
Spohr said that both airlines will sign the agreement later in the day in Berlin.
HSBC analysts lifted their target share price to 29 euros from 25 euros, citing the imminent agreement with Air Berlin, a new multi-year labour deal with pilots announced this week and a positive trading performance this year.
Apart from Lufthansa, British budget carrier Easyjet was seen as the other major contender to take over the embattled airline, or parts of the group, which has more than 8,000 employees, 140 aircraft and key airport landing slots.
AFC Asian Cup qualifier, India vs Macau
Macau conceded an own goal through defender Lam Seng in the 70th minute to dig their own grave at the Sree Kanteerava Stadium . Undefeated so far in the group, India maintained their winning run with Rowllin Borges netting the opener for the Blue Tigers .
Air Berlin has since late September been negotiating exclusively with Lufthansa and United Kingdom -based low-priced rival EasyJet.
Spohr told the Rheinischen Post he did not believe Lufthansa's deal with Air Berlin would result in higher airfares.
Air Berlin, which has struggled to turn a profit over the last decade, filed for insolvency on August 15, and a government loan has kept its planes in the air while its administrator negotiates with prospective buyers for various parts of the business.
Air Berlin's long-haul flights will cease at the end of this week, and tickets for all flights from the end of this month will be invalid. The German government provided a bridging loan to allow all flights to operate, with all Air Berlin flights winding up by 28 October, as talks over its asset sales are set to wrap up today.
Oculus Rift now being offered at $399 with a pair of touch controllers in the United States of America and United Kingdom. The display is a fast-switch LCD screen with a resolution of 2560x1440 pixels, and it comes with integrated headphones.
Rob Navias, the NASA spokesman, described the latest installation of HD camera as providing "new eyes" to the space station . As the previous camera had aged and was tinting images pink, so it was replaced with a new high definition video camera.
The cabinet agreed "to formally ask the Catalan government to confirm whether it declared independence", he said earlier. The stakes are high for Spain as it faces its biggest political crisis since it became a democracy four decades ago.
The Nokia 8 features an auxiliary audio port, so we don't see a reason why the company chose to ditch it in the Nokia 9 . OnLeaks has made a decision to render HMD's upcoming flagship and provide us with a better look of what's to come.
Tension between Kenyatta's ruling Jubilee Party and Odinga's opposition party have risen since the initial August election. In Nairobi police briefly used tear gas to disperse protesters who threw stones at passing cars.
Cairo is now leading efforts to heal a political split between Gaza-based Hamas group and the West Bank-based Fatah movement. It has fought three wars with Israel since 2008 and the blockaded Gaza Strip has seen deteriorating humanitarian conditions.
The rationale behind the move is Google giving people "complete peace of mind" when they use Google Home Mini , the company said. Google's Home Mini can be activated by either saying the magical words "OK Google " or long press on the top.
Movements above 70 are interpreted as indicating overbought conditions; conversely moves underneath 30 notify oversold conditions. For the past 5 years, the company's revenue has grown -11.1%, while the company's earnings per share has grown -4.44%.
Under the Jio Diwali Dhan Dhana Dhan offer, users can extend the all unlimited benefits that users are enjoying now. So if you want to use it for your next recharge of Rs. 399, you will have to pay Rs. 349 via online payment modes.
Gucci pledges to go fur-free from 2018
Gucci's CEO Marco Bizzarri said: "Being socially responsible is one of Gucci's core values". Going forward there will be a ban on mink, fox, rabbit, karakul lamb and raccoon dog fur.
Amazon announce new waterproof Kindle Oasis
The regular model is Wi-Fi only and packs 8GB storage, whereas the mid-tier version has 32GB internal memory and costs $280. In Australia, the new Kindle Oasis is available for pre-order online at JB Hi-Fi and Officeworks for AUD $389 from today.
Showbiz pays on basis of stardom, not gender: Aamir
Zaira will be seen playing the role of the teenager Insia who finds a secret support through her mother Najma played by Meher Vij. The film also stars Raj Arjun, Harsh Jha and Aryan Ashik and is ready to be released in theatres on October 19, 2017.