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Air Berlin news

Air Berlin airline related news

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...

airberlin marks milestone to refocus its business with sale of NIKI

airberlin announced the sale of its share in NIKI to Etihad for a total consideration of 300 million euros. The divestment marks an important milestone in the implementation of the company’s restructuring plan announced in September. The transaction is subject to regulatory approvals. Etihad will not majority own or effectively control NIKI. Stefan Pichler, CEO of...

airberlin hires flight attendants in Berlin, Dusseldorf and Munich

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 people with strong communication skills who...