Air Berlin News

Air Berlin January Passenger Count Drops

Air Berlin, the German airline partly owned by Gulf carrier Etihad, saw January passenger numbers decline 11.3 percent as it cut the number of its flights.
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Rivals Swoop In As Malev Stops Flying

After Hungarian flag-carrier Malev ceased operating on Friday, several budget carriers, including Ryanair and Air Berlin, announced an immediate increase in their flights from Budapest airport.
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Air Berlin To Become Full Oneworld Member

Air Berlin will join the oneworld alliance of airlines on March 20, Germany's second-largest airline said on Thursday, allaying concern in the industry an investment deal with Gulf carrier Etihad may have prevented it becoming a full member.
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Air Berlin December Pax Down On Capacity Cuts

Air Berlin, Germany's second largest airline after Lufthansa, carried 11.7 percent fewer passengers in December as it reduced capacity.
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Etihad's Push Into Europe Carries Risks

Etihad Airways may have stolen a march on its Gulf rivals when it took a stake in Germany's second-biggest airline Air Berlin, obtaining access to the German capital. But the Abu Dhabi carrier could find itself hampered by the airline's financial troubles.
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Etihad Ups Stake In Debt-Laden Air Berlin

Abu Dhabi-based Etihad Airways agreed to spend about EUR€73 million (USD$95 million) to raise its stake in Air Berlin to almost 30 percent, throwing a lifeline to the debt-laden German airline.
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Air Berlin To Keep Turning Cost Screw

Loss-making Air Berlin aims to trim costs by up to EUR€250 million (USD$331 million) per year, a German magazine reported, which would be a quarter above its official savings target for 2012 of EUR€200 million.
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Air Berlin In Talks With Possible Investors

Air Berlin is in talks with more than one possible investor, several people familiar with the negotiations said, as Germany's second-biggest airline seeks to dig itself out of a debt hole created by rapid expansion over the last few years.
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Etihad Says Air Berlin Stake Reports Inaccurate

Etihad Airways dismissed a report that it would take a stake in Air Berlin, after a magazine reported Germany's second-biggest carrier would announce the deal this week.
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Air Berlin Passengers Down As Capacity Cut

Air Berlin, Germany's second largest airline after Lufthansa, carried 10 percent fewer passengers in November as it reduced capacity.
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