Photo: DPAGermany's struggling budget airline Air Berlin on Tuesday said it had filed for insolvency proceedings after its main shareholder Etihad Airways said it "would not provide any further financial support". Lufthansa is now in talks to buy up parts of the company, Air Berlin said in a statement. Air Berlin customers have been hit by delays and cancellations over recent months as the airline has struggled to remain solvent. In June Air Berlin insisted it wasn't about to go bankrupt. More to follow...SEE ALSO: We're not about to go bankrupt, Air Berlin insists

Source: The Local August 15, 2017 11:26 UTC