17th August 2017
Written on 17th August 2017
airberlin files for insolvency but continues flight operations
On 15th August, airberlin filed to commence insolvency proceedings under self-administration at the local District Court (Amtsgericht) of Berlin-Charlottenburg, in order to continue with the restructuring process that is already underway.
The Federal German Government, Lufthansa and other partners are supporting airberlin in its restructuring efforts. The Federal Government is supporting the airline with a bridging loan to maintain flight operations for the long-term.
· All flights operated by airberlin and NIKI will continue as planned
· The flight schedule remains valid
· Bookings remain valid
· All flights can still be booked
The background of the announcement is the notification by Etihad that it no longer intends to provide airberlin with financial support.
British Airways published the following update:
Please note that British Airways oneworld partner, Air Berlin (AB) are continuing to operate as normal and their relationship with British Airways and the oneworld Alliance remains unchanged.
Please contact your dedicated Travel Executive for further information.
Source: airberlin, British Airways