Insolvent Air Berlin says it's in talks with three potential buyers - News Summed Up

Insolvent Air Berlin says it's in talks with three potential buyers


"Aside from Lufthansa, we are in contact with two other interested parties from the aviation industry," Air Berlin chief executive Thomas Winkelmann told the Frankfurter Allgemeine Zeitung newspaper. READ MORE: Five things you need to know after the Air Berlin insolvencyAir Berlin was forced to file for insolvency on Tuesday after main shareholder Etihad suddenly ended its financial support for the loss-making airline. 'Conspiracy'But the government's intervention, just weeks before a September 24th general election, to keep Air Berlin flying for now has come in for criticism. Low-cost rival Ryanair has lodged complaints with German and European competition regulators, slamming what it called a "conspiracy" between the government, Lufthansa and Air Berlin to carve up the insolvent carrier's assets. READ ALSO: Air Berlin files for insolvency after months of disruptions


Source: The Local August 17, 2017 10:18 UTC



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