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Over 2 500 flights with airBaltic during December and January

During December 2020 and January 2021, airBaltic is planning to perform over 2 500 flights on over 45 routes from all three Baltic countries. In December, the most popular destinations are Amsterdam, Oslo and London. Martin Gauss, Chief Executive Officer of airBaltic: “The safety and health of our employees and passengers has stood and will stand above all. We are adjusting...

airBaltic resumes flights to nine more destinations from Riga

airBaltic announces that as of today it resumes flights between Riga and nine additional destinations. In total, airBaltic now connects Riga with 35 destinations across Europe. Martin Gauss, CEO of airBaltic: “We welcome the decision of the Latvian government to ease the travel restrictions in place, while maintaining safety and health of the public as its top p...

Outsourcing: A saving grace for Air Berlin?

Avia Solutions Group offers airlines a way to save up to 150 million euro per year It would be an underestimation to say that Air Berlin is having a bad year, topping even 2016, when the carrier reported a loss of 782 million euro. With Etihad out of the picture, and only a governmental loan of 150 million euro loan from Germany’s government keeping the carrier afloat, the airline is...

EU Commission approves EUR150m bridging loan for airberlin

The European Commission has endorsed under EU state aid rules Germany's plans to grant Air Berlin a temporary €150 million bridging loan. The measure will allow for the orderly wind-down of the insolvent airline Air Berlin without unduly distorting competition in the Single Market. On 15 August, Germany notified the Commission of its intention to grant a bridging loan to Air Berlin. Th...

Air Berlin frequent flyer programme files for insolvency

Air Berlin’s (AB1.DE) frequent flyer programme filed for insolvency on Friday, bad news for members with points on their accounts, which they can no longer use. The frequent flyer programme Top Bonus had already stopped members from using and collecting points amid uncertainty about its future after Air Berlin itself filed for insolvency last week. “Because of the situation with...

Ryanair's O'Leary would be interested in buying all of Air Berlin

Ryanair would be interested in bidding for the whole of insolvent German carrier Air Berlin, but it needs access to more data on the airline's finances, Chief Executive Michael O'Leary told Reuters. "We would be very happy to bid for the whole of Air Berlin, which is generally a short-haul, domestic, intra-EU carrier," O'Leary said by telephone. "But we don...

Lufthansa and German Government to support restructuring of airberlin

In order to continue with its restructuring, airberlin has filed a provisional insolvency proceeding in self-administration at the local court of Berlin-Charlottenburg today. Lufthansa is supporting the restructuring efforts of the airline jointly with the German Government. This also ensures that all aircraft that are currently operated by airberlin under a wet lease agreement for Eurowings an...

airberlin Board appoints new CEO

airberlin has announced that Thomas Winkelmann (57) will become the new Chief Executive Officer (CEO) of airberlin group. Mr. Winkelmann will take over as CEO of Air Berlin PLC from 1 February, 2017, assuming full accountability for all group activities. He will succeed Stefan Pichler, who decided to leave the company after working for two years on the strategic turnaround o...