Tag: Airberlin

Ryanair Renews Interest in NIKI Takeover

Ryanair has confirmed the Irish LCC has contacted the Austrian administrators of bankrupt airberlin subsidiary NIKI, expressing interest in participating in the insolvency process and potential purchase of remaining NIKI assets, head of communications Robin Kiely told ATW. Ryanair was one of the earlier bidders for NIKI, which filed for bankruptcy Dec. 13, 2017, immediately […]

Passenger Numbers at Berlin Tegel Fall Significantly

With a decrease of 11.9% compared to October 2016, passenger numbers at Berlin Tegel have fallen significantly. Despite slight growth at Schönefeld (+ 3.3%), the total number of passengers at both Berlin airports has fallen by 6.2% compared to the same month of the previous year. As a result, the airberlin crisis has had a […]

easyJet to Take Over Planes from Bankrupt airberlin

The final flight of bankrupt german airline airberlin landed in the German capital on Friday evening, as the fate of thousands of employees of the stricken carrier remains unclear. airberlin, which employs some 8,000 people, triggered bankruptcy proceedings in August after its biggest shareholder Etihad Airways pulled the plug on a cash lifeline following years […]

Austrian Airlines to Make Special Offer to airberlin Pilots

Austrian Airlines is looking for about 100 new pilots. The Austrian national carrier is now making a special offer to airberlin pilots to move to Austria and work at the airline’s flight hub in Vienna. The offer targets pilots who have been actively employed at airberlin over the last six months and have undergone revalidation […]

Lufthansa Buys Major Portion of Defunct Air Berlin

In what Carsten Spohr, chief executive of Lufthansa, said was a “great day” for his company, Germany’s largest carrier has agreed to purchase the lion’s share of Air Berlin, which filed for bankruptcy protection on August 15. The purchase price of €210m (US$245m) will see Lufthansa looking to acquire 80 of Air Berlin’s 144 aircraft, […]

Lufthansa Group Approves $1.2 Billion Growth Plan For Eurowings

Lufthansa Group’s supervisory board has approved a €1 billion ($1.2 billion) investment to purchase and lease up to 61 aircraft for its LCC subsidiary Eurowings as the bidding process for parts of the insolvent airberlin continues. The funds will be used to acquire up to 41 Airbus A320 family aircraft and 20 Bombardier Dash 8 […]

200 Air Berlin Pilots ‘Call In Sick’ – Over 100 Flights Canceled

In what has been seen as a wildcat strike, 200 Air Berlin pilots called in sick on September 12, at short notice, forcing the insolvent carrier to cancel over 100 flights, resulting in chaos at many German airports and the cancellation of a number of trans-Atlantic flights. With the ailing carrier presently up for sale, […]

Airberlin To Cut All Caribbean Long-Haul Routes

German carrier airberlin, which filed for bankruptcy last month, is to close all of its long-haul routes to the Caribbean from Sept. 25 because of cuts to its long-haul fleet. On Sept. 11, the oneworld member said its entire Caribbean network will be closed, including flights from Dusseldorf to Curacao (Dutch Antilles), Cancun (Mexico), Havanna […]

Ryanair Eyes Up Purchase Of All Of Air Berlin

Ryanair CEO Ryan O’Leary has made it clear that subject to being provided with more information, and one major condition, Ryanair would be very interested in making a bid for the whole of the insolvent Air Berlin. He has indicated that obtaining additional data on the airline’s finances was critical. According to Mr. O’Leary, Ryanair […]

Air Berlin Files For Administration As Etihad Expresses Disappointment

Air Berlin has filed for administration after Etihad Airways said it cannot continue to guarantee future cash infusions into the troubled airline. “This development is extremely disappointing for all parties, especially as Etihad has provided extensive support to Airberlin for its previous liquidity challenges and restructuring efforts over the past six years,” Etihad has said […]