Air Berlin files for insolvency as Etihad pulls funding plug

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Re: Air Berlin files for insolvency as Etihad pulls funding plug

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Air Berlin may be bankrupt, but it has now fully paid back its entire €150 million loan to the federal government of Germany.
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Re: Air Berlin files for insolvency as Etihad pulls funding plug

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Air Berlin insolvency administrator had its appeal dismissed by a London court, thus concluding its fight with Etihad over a US$416 million loan arrangement should be heard in England.
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Re: Air Berlin files for insolvency as Etihad pulls funding plug

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The Air Berlin insolvency administrator suffered a setback in its dispute with Etihad, as Germany’s Federal Court of Justice dismissed a complaint raised by Air Berlin. The rejection is likely to have far-reaching consequences in relation to the question of whether Etihad can be held liable.
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Re: Air Berlin files for insolvency as Etihad pulls funding plug

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Air Berlin administrator Lucas Flother says there is no end in sight to the insolvency proceedings as it will last five to ten years.
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Re: Air Berlin files for insolvency as Etihad pulls funding plug

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Air Berlin insolvency administrator is threatened with defeat in a legal dispute over valuable emission certificates for greenhouse gases.
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Re: Air Berlin files for insolvency as Etihad pulls funding plug

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Lufthansa and easyJet gained backing from Europe’s second top court for their acquisitions of insolvent Air Berlin assets four years ago. In another deal, easyJet secured unconditional clearance from the EU competition enforcer for the €40 million deal in 2017.
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