Air Berlin says it's filing for bankruptcy

AP Published: 2017-08-16 21:22:55
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Air Berlin planes are parked at Tegel Airport in Berlin, Wednesday, Aug. 16, 2017. Germany's second largest airline, Air Berlin, has filed for bankruptcy protection after its main shareholder, Abu Dhabi-based Etihad, said it would make no more financing available following years of unsuccessful turnaround attempts. The loss-making airline, which carries some 80,000 people a day mostly on short-haul destinations, will get a 150 million euro ($177 million) government loan to keep flights running and not leave travelers stranded during the peak summer season.[Photo:AP]

Air Berlin planes are parked at Tegel Airport in Berlin, Wednesday, Aug. 16, 2017. Germany's second largest airline, Air Berlin, has filed for bankruptcy protection after its main shareholder, Abu Dhabi-based Etihad, said it would make no more financing available following years of unsuccessful turnaround attempts. The loss-making airline, which carries some 80,000 people a day mostly on short-haul destinations, will get a 150 million euro ($177 million) government loan to keep flights running and not leave travelers stranded during the peak summer season.[Photo:AP]

An Air Berlin plane photograhed at the airport in Duesseldorf, Germany, Tuesday, Aug. 15, 2017. Struggling German carrier Air Berlin says it's filing for bankruptcy after its main shareholder, Abu Dhabi-based Etihad, said it would make no more financing available. The Economy Ministry and Transport Ministry said Tuesday in a statement that the airline would get a loan of 150 million euros ($177 million) so that it can continue flights for the time being.[Photo:AP]

An Airbus of Air Berlin takes off in Duesseldorf, Germany, Tuesday, Aug. 15, 2017. Struggling German carrier Air Berlin says it's filing for bankruptcy after its main shareholder, Abu Dhabi-based Etihad, said it would make no more financing available. The Economy Ministry and Transport Ministry said Tuesday Aug. 15, 2017 in a statement that the airline would get a loan of 150 million euros ($177 million) so that it can continue flights for the time being.[Photo:AP]


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