Tag: Airberlin

Airberlin Q2 Results Reflect Geopolitical Climate in Europe

Reading Time: 3 minutes Capacity cuts and adverse geopolitical events in the competitive European market during the second quarter of 2016 led to a 9.4 per cent decrease in sales to 970.6 million euros (Q2 2015: 1.07 billion euros). Total sales declined in the first half of 2016 by 8.4 per cent to 1.71 billion euros (H1 2015: 1.86 […]

Everyone Wants to Fly Airberlin to Cuba

Reading Time: 2 minutes Obama, the Rolling Stones and Karl Lagerfeld have led the way – Cuba is now more popular than ever! In order to meet the growing demand for travel to the Caribbean island, airberlin will fly even more services to Cuba this summer. airberlin will start flying a completely new route to Havana next Saturday, 28 […]

Airberlin Reduces Net Losses in 1Q

Reading Time: 2 minutes Germany’s airberlin reported a first-quarter net loss of €182.3 million ($206.2 million), narrowed from a €210.1 million loss in the year-ago quarter. Airberlin said the 1Q results were heavily influenced by the “lengthy and detrimental codeshare debate” with equity partner Abu Dhabi-based Etihad Airways, which has a 29.21% stake in airberlin. “The protracted and damaging […]

Etihad Appeals German Court Ruling Against Airberlin Codeshares

Reading Time: 2 minutes Etihad Airways has appealed a German court’s decision revoking the approval of 29 of its codeshare flights with Airberlin. The notice of appeal was filed Jan. 4 in the higher administrative court in Germany’s Lüneburg. The Abu Dhabi-based carrier said the German Ministry of Transport raised concerns on 29 of the codeshares last summer, based […]