Tag: Airberlin

Airberlin Insists Its Business Is Doing Better Than Earlier

Reading Time: < 1 minute Airberlin is on a path to recovery and should be able to show results soon, the airline’s CEO Thomas Winkelmann has said in a statement to the press. “We had made a preliminary application for a surety as part of management’s pre-emptive strategy of investigating all restructuring options for airberlin. However, we have at no […]

Air Berlin Suffers 1Q Losses Of Almost €300 Million

Reading Time: < 1 minute Air Berlin (AB, Berlin Tegel) suffered first quarter losses of EUR293.3 million (USD328 million), an increase of 60% on losses for the same period last year. Its first quarter financial results, published this week, also show that revenue was down EUR87.5 million (USD98 million) to EUR649.6 million (USD726.5 million) for the quarter. According to Air […]

Lufthansa Could Buy Airberlin, If Abu Dhabi Bails It Out

Reading Time: 2 minutes Lufthansa has put the ball squarely in the Abu Dhabi governments court, saying its ties with Etihad could grow ever closer, if the government wants. Germany’s biggest and Europe’s third biggest airline CEO was in Abu Dhabi last week, the second time in four months. This time he was part of the delegation visiting with […]

Etihad’s Troubles In Europe Are Getting Worse

Reading Time: 2 minutes Alitalia’s staff rejecting a last minute restructuring bid to keep the airline afloat, has not only pushed the European airline to begin bankruptcy proceedings for the second time in a decade, but has also put Abu Dhabi-based Etihad’s European future in question. Etihad paid €560 million for its 49 percent stake in Alitalia in 2014, […]

First airberlin Airbus A320 in the Austrian Airlines Livery Takes Off

Reading Time: < 1 minute The first Airbus A320 of airberlin in the Austrian Airlines livery took off with the flight number OS 779 for its initial scheduled flight from Vienna to Skopje. The jet with the registration D-ABZA is the first of five Airbus A320 to be operated for Austrian Airlines by airberlin including airberlin crew within the context […]

Lufthansa Wins Approval to Lease 38 Aircraft from airberlin

Reading Time: 2 minutes German authorities have cleared Lufthansa to wet lease 38 Airbus A319/320s from airberlin, according to a Bundeskartellamt statement Jan. 30. Under the wet-lease agreement, airberlin will lease the aircraft—which are stationed at German and Austrian airports—to Lufthansa and its subsidiaries Eurowings and Austrian Airlines. Eurowings will take 33 of the aircraft, enabling it to phase […]

Lufthansa, airberlin Deal Focus of Ryanair’s Attention

Reading Time: 2 minutes The news that Lufthansa plans to wet lease 38 aircraft from its competitor, airberlin, has resulted in Ryanair CCO, David O’Brien, announcing at a media briefing in London that the Irish low-cost carrier will soon be lodging a complaint based on the grounds it is anti-competitive. The deal between Lufthansa and airberlin, which was agreed […]

airberlin Needs More Than 500 New Cabin Attendants

Reading Time: 2 minutes airberlin wants to reinforce its cabin crews and is organising casting calls for future flight attendants in Berlin, Dusseldorf and Munich. More than 500 new jobs in airberlin’s cabins are to be filled. Due to the long-haul expansion planned for next year, airberlin needs more than 500 new cabin attendants. The desired profile is outgoing […]

Etihad, TUI Group Plan New Leisure Airline

Reading Time: 2 minutes Abu Dhabi-based Etihad Aviation Group and German holiday giant TUI are in discussions to create a European leisure airline group, which is expected to operate 58 aircraft on point-to-point services to key tourist markets. In a statement released Oct. 5, the partners detailed plans to combine the leisure operations of airberlin group and German carrier […]

Air Berlin To Cut 1,200 Jobs and Halve Airline Fleet

Reading Time: < 1 minute Struggling Air Berlin, Germany’s second-largest airline, announced on Wednesday a major restructuring plan that shrinks its fleet and cuts 1,200 jobs. In a statement, the loss-making company said it planned to “concentrate its core operations as a dedicated, focused network carrier serving higher-yielding markets, from its two key hubs in Berlin and Düsseldorf”. Air Berlin […]