bankrupt air berlin targets september sale
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today
Almaghrib Today, almaghrib today
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today

Bankrupt Air Berlin targets September sale

Almaghrib Today, almaghrib today

Almaghrib Today, almaghrib today Bankrupt Air Berlin targets September sale

Insolvent Air Berlin hopes that it will be able to wrap up deals to sell its assets by next month
Frankfurt am Main - Al Maghrib Today

 Insolvent German airline Air Berlin hopes to complete its sale by September, the group's chief executive said, as government officials fended off accusations of favouring Lufthansa in the bankruptcy process.

"We want to settle the sale in September at the latest, otherwise customers' trust in the airline will vanish," chief executive Thomas Winkelmann told newspaper Bild am Sonntag.

Lufthansa -- which already leases 38 of Air Berlin's 140 planes -- could buy up to 70 aircraft with as many as 3,000 crew for its low-cost subsidiary Eurowings, Bild reported.

"I would welcome Lufthansa taking over larger parts of Air Berlin," Economy Minister Brigitte Zypries told business daily Handelsblatt Monday, while adding that it was up to the airlines to negotiate a deal between themselves.

Other interested airlines cited in media reports include package holiday firm TUI, British low-cost carrier EasyJet and Thomas Cook subsidiary Condor.

Pugnacious Ryanair chief Michael O'Leary claimed last week that Lufthansa has enjoyed an unfair advantage in the scramble for chunks of the business, especially valuable landing slots at major German airports.

Bavarian investor Hans Rudolf Woehrl lent his voice to O'Leary's criticism of a 150-million-euro ($170-million) German government bridging loan to Air Berlin, writing on Facebook that it amounted to state aid for Lufthansa to build a monopoly.

"It's absurd to suggest that the federal government is in bed with Lufthansa," Zypries told Handelsblatt.

Nevertheless, "when it comes to taking over routes, we would have to check whether there is still enough competition," monopoly commission chief Achim Wambach told the business paper Monday.

Both Air Berlin and the federal government said a Friday offer from Woehrl to buy the airline outright and maintain it as an independent carrier was unworkable.

While government officials and business chiefs wrangle, customers remain in the dark -- with even Air Berlin's frequent-flyer programme "suspended until we have achieved clarity about the situation" according to a message posted on its website.

Source: AFP

almaghribtoday
almaghribtoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

bankrupt air berlin targets september sale bankrupt air berlin targets september sale

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

bankrupt air berlin targets september sale bankrupt air berlin targets september sale

 



Almaghrib Today, almaghrib today Skincare PR Performance Full Year 2017

GMT 09:22 2018 Monday ,22 January

Skincare PR Performance Full Year 2017
Almaghrib Today, almaghrib today New hunt for flight MH370 gets under way

GMT 11:03 2018 Wednesday ,24 January

New hunt for flight MH370 gets under way
Almaghrib Today, almaghrib today Modern colorful bedroom renovation

GMT 10:57 2017 Thursday ,21 December

Modern colorful bedroom renovation
Almaghrib Today, almaghrib today Puigdemont candidate for Catalan president

GMT 13:56 2018 Tuesday ,23 January

Puigdemont candidate for Catalan president
Almaghrib Today, almaghrib today Turkey detains dozens more

GMT 10:47 2018 Wednesday ,24 January

Turkey detains dozens more
Almaghrib Today, almaghrib today The Rake announces editorial updates

GMT 10:46 2018 Tuesday ,16 January

The Rake announces editorial updates
Almaghrib Today, almaghrib today Europe brings on charm and blue skies

GMT 11:51 2018 Tuesday ,23 January

Europe brings on charm and blue skies
Almaghrib Today, almaghrib today For the Variety of Interior Design Styles

GMT 10:46 2017 Tuesday ,19 December

For the Variety of Interior Design Styles
Almaghrib Today, almaghrib today US Christian tourists see deep meaning

GMT 13:44 2018 Monday ,22 January

US Christian tourists see deep meaning
Almaghrib Today, almaghrib today Amazon to open first cashierless shop

GMT 10:03 2018 Tuesday ,23 January

Amazon to open first cashierless shop

GMT 10:48 2018 Sunday ,14 January

Tunisia mulls reforms after week of unrest

GMT 11:47 2016 Thursday ,10 November

Against South Africa in rugby Test

GMT 07:58 2017 Wednesday ,16 August

Singer Fares Karam will participate in Stars Ship

GMT 17:09 2017 Friday ,17 November

Israel ready to cooperate with Saudi

GMT 09:03 2017 Saturday ,06 May

Foreign policy: Where France's candidates stand

GMT 00:48 2017 Monday ,01 May

Ooredoo supports Reyooq initiative for SMEs

GMT 09:54 2018 Tuesday ,23 January

Russians challenge doping ban

GMT 08:15 2018 Saturday ,20 January

Macron boosts Merkel ahead of key coalition vote

GMT 11:37 2014 Tuesday ,03 June

For TV news, funny beats boring

GMT 13:26 2017 Monday ,28 August

Face scans, robot baggage handlers

GMT 11:32 2017 Thursday ,12 January

Targets top 10 with solid showing in Melbourne

GMT 09:14 2017 Wednesday ,18 October

Is facial recognition the stuff of sci-fi? Not in China

GMT 21:01 2017 Wednesday ,02 August

Monfils peaking for Citi defence, eyes US Open

GMT 14:32 2014 Thursday ,20 March

Algeria opposition MP quits ‘docile’ parliament

GMT 08:34 2017 Friday ,10 March

Hounded out: battle to save beloved British dogs

GMT 19:08 2011 Friday ,09 December

Hemed shines as Mallorca rally to beat Granada

GMT 03:02 2017 Saturday ,07 January

Serena Williams displays huge diamond ring

GMT 08:27 2017 Wednesday ,01 November

Japan killing spree 'lasted 2 months'

GMT 10:33 2015 Wednesday ,17 June

Escaped lion from flooded Georgia zoo kills man

GMT 13:57 2017 Wednesday ,13 December

Pistorius injured in prison brawl over phone

GMT 06:07 2017 Tuesday ,14 February

Rain hits UAE, major traffic jams follow
Almaghrib Today, almaghrib today
 
 Almaghrib Today Facebook,almaghrib today facebook  Almaghrib Today Twitter,almaghrib today twitter Almaghrib Today Rss,almaghrib today rss  Almaghrib Today Youtube,almaghrib today youtube  Almaghrib Today Youtube,almaghrib today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

.almaghribtoday .almaghribtoday .almaghribtoday .almaghribtoday
almaghribtoday almaghribtoday almaghribtoday
almaghribtoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
almaghribtoday, Almaghribtoday, Almaghribtoday