Saturday, 23 October 2021

Tag Archives: Air Berlin

Bidding war for bankrupt Air Berlin closes

BERLIN: Friday brings a moment of truth for bankrupt Air Berlin, as a raucous bidding war closes that could see Germany’s second-largest airline broken down for parts amid wildcat strikes by pilots. Some 8,500 employees, 140 aircraft and a string of precious landing slots at German airports are in the ...

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Ryanair CEO says won’t bid for Air Berlin

BERLIN: Ryanair chief executive Michael O’ Leary said his airline would not make a bid for insolvent Air Berlin, slamming what he called a German “stitch-up” designed to benefit Lufthansa. Several airlines are jostling to take over parts of Air Berlin after it filed for insolvency earlier this month, a ...

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German airline goes bankrupt

BERLIN: Germany’s second biggest airline filed for bankruptcy after Abu Dhabi’s Etihad – its leading shareholder – refused to finance another bailout. Air Berlin will continue flying for the time being thanks to a loan of €150 million ($176 million) from the German government. That should also allow all 7,200 ...

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