Etihad’s strategy of taking stakes in struggling airlines has been dealt another blow, with Air Berlin filing for insolvency just months after a similar move by another of its equity partners, Italy’s ...
Abu Dhabi-based Etihad Airways has been dealt another financial blow with the collapse of German carrier Air Berlin which is 29% owned by the Gulf carrier. The German carrier has filed for insolvency ...
Flagging EU low cost carrier Air Berlin has announced that it will cease operations later this month, on or before Oct. 28. The announcement comes in the wake of news this August that the carrier had ...
German carrier Airberlin is paring back its fleet and service in order to focus on serving business travel markets from its Berlin and Dusseldorf hubs. A restructuring by summer 2017 will trim ...
Air Berlin, Germany's second-largest carrier, has filed for the German equivalent of bankruptcy, and the sale of Air Berlin parts are well underway and could come to fruition in the coming weeks. Air ...
While Europe has lost its share of established carriers over the last decade, none has been bigger than the collapse of Air Berlin last autumn. The group and its subsidiary carriers, notably Austrian ...
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