Air Berlin Going Out of Business
#1
Original Poster
Joined: Jun 2004
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Air Berlin Going Out of Business
Just an FYI: Air Berlin was declared insolvent on August 15 and has just gotten a bridge loan to keep operating for a few more weeks while the company starts to sell off assets and routes. Here's a story that helps clarify when the international routes will evaporate: http://tinyurl.com/y796ymbn
#7
Original Poster
Joined: Jun 2004
Posts: 10,210
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To be honest, I think they fell victim to the long-delayed Brandenburg Airport fiasco. Their business model assumed they'd be able to move their slots to the big, modern airport and be a hub. That's difficult with Tegel and Dusseldorf.






