Air Berlin News

Air Berlin To Raise EUR38.8 Mln In Capital Increase

June 4, 2009

Air Berlin is raising EUR38.8 million euros (USD$55 million) from the sale of new shares, topping up its coffers for the second time this year as the global economic crisis pummels airlines around the world.
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Air Berlin Q1 Loss Smaller Than Expected

May 26, 2009

Air Berlin posted a slightly smaller than expected first-quarter operating loss as it managed to improve profitability despite a slump in demand for air travel.
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Air Berlin To Launch Flights To Israel

May 21, 2009

Air Berlin said on Wednesday it was expanding its route network with flights between Germany and Israel starting July 7.
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Air Berlin Passengers Down 3.4 Percent In April

May 5, 2009

Air Berlin's passenger numbers fell 3.4 percent in April from a year earlier as demand fell at a faster rate than it cut capacity.
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Germany's Woehrl Eyes Air Berlin's LTU - Report

April 7, 2009

Hans Rudolf Woehrl would be interested in the long-haul business of Air Berlin unit LTU at acceptable conditions, the German entrepreneur told Handelsblatt newspaper.
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Air Berlin Passenger Numbers Down 5.6 Percent

April 7, 2009

Air Berlin saw the number of passengers it carried in March fall 5.6 percent from a year earlier as demand fell at a faster rate than it managed to cut capacity.
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Turkey's Sabanci Family Buys Air Berlin Stake

March 30, 2009

Turkey's Sabanci family is buying a 15.3 percent in German airline Air Berlin, scooping up part of Len Blavatnik's stake, more than two months after the US billionaire sold the holding.
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Air Berlin Agrees Cross-Shareholding With TUIfly

March 28, 2009

Air Berlin said it had agreed to take a stake of up to 20 percent in TUI Travel's German airline TUIfly, and TUIfly will take up to 20 percent in Air Berlin.
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Air Berlin, TUIfly In Cross-Shareholding Deal

March 17, 2009

Air Berlin is in advanced talks for a cross-shareholding with TUI Travel's TUIfly, Air Berlin said on Tuesday, hailing the end of a lengthy struggle to consolidate the German airline industry.
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Airlines Cut Costs, Ask When Crisis Will End

March 13, 2009

Scandinavia's leading airline SAS scrambled for cash, Austrian Airlines profits slumped and Finnish pilots and chefs were told to stay at home as global carriers served up economic gruel round the clock on Friday.
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