"The return flights of these travellers back to Germany with Air Berlin would not have been otherwise possible." The loan will allow Air Berlin to operate until the end of November, its CEO Thomas Winkelmann said. "Air Berlin must proceed with transparency and provide all important information." Air Berlin said that in light of Etihad's decision, it "came to the conclusion that there was no further positive way ahead for Air Berlin." Shares in Air Berlin plunged 39 per cent on Tuesday after being suspended for trading earlier.

Source: CBC News August 15, 2017 15:56 UTC