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Air Berlin Files For Bankruptcy Protection

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Zak (netAirspace FAA) 15 Aug 17, 11:45Post


Quel surprise...
Germany's struggling budget airline Air Berlin on Tuesday said it had filed for insolvency proceedings after its main shareholder Etihad Airways said it "would not provide any further financial support".

https://www.thelocal.de/20170815/air-be ... bankruptcy
None are more hopelessly enslaved than those who falsely believe they are free.
(Johann Wolfgang von Goethe)

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Yokes 15 Aug 17, 17:51Post
Sadly this was only a matter of time. Possible that we now see Ryanair and Norwegian Long Haul in DUS soon...

Here is a press release of Lufthansa: (only german)

http://newsroom.lufthansagroup.com/de/m ... 017/q3/512

Most possible scenario is that Air Berlin will be integrated in Eurowings.
HT-ETNW 15 Aug 17, 18:08Post
This step was overdue, even though it only was faciliated by Etihad suddenly no longer injecting cash.

Speaking of cash ...: The airport of Geneva is reported (by aero.de) to demand either up-front payment or cash payment from AB for landing / handling fees.

With that €150m loan from the German government for max. 3 months (to be repaid when landing slots are sold off), it is quite likely that AB will discontinue flying with the end of the summer timetable end of October 2017.

As for a takeover by LH, LH would be wise to refrain from taking over the high cost structure partly inherited when AB swallowed LTU. That way also any clashes for seniority list would be avoided.
-HT
Use your time wisely; remember that today is the first day of the rest of your life.
cornish (Certified Expert - Aviation Economics & Founding Member) 15 Aug 17, 18:46Post
A real shame, but sadly inevitable.

A series of ill thought out and confused strategies was never going to be an ideal situation for an airline to have a long term future.

Leisure airline competing with charter airlines to the Med, long haul value brand, aiming to get business traffic out of key German markets, trying to be a low cost airline, joining a global alliance, trying to operate a hub in Dusseldorf and to a lesser extent in Berlin, buying a mixture of charter airlines and low cost airlines across Germany, Switzerland and Austria.

Air Berlin tried to do all of the above - hence why it got in such an utter mess.

Yokes wrote:Sadly this was only a matter of time. Possible that we now see Ryanair and Norwegian Long Haul in DUS soon...


HT-ETNW wrote:As for a takeover by LH, LH would be wise to refrain from taking over the high cost structure partly inherited when AB swallowed LTU. That way also any clashes for seniority list would be avoided.


This is the key thing. Ideally LH don't want ANY of Air Berlin. But what they absolutely don't want is for Ryanair or Norwegian long haul to get strong footholds in Dusseldorf and provide heavy competition to Eurowings (with a better airport than CGN for Norwegian if they did). LH will want to keep as many of those precious and restricted landing slots as possible and that is why they will be interested in taking the part of the business that primarily involves DUS, and integrating it into Eurowings, rather than anything else.
JLAmber (netAirspace ATC & Founding Member) 15 Aug 17, 19:29Post
Easyjet are being mentioned as likely to take over parts of Air Berlin, with particular interest in West-bound flight from Germany - an area where easyjet are particularly weak.

Ryanair have already complained to the EU about Lufthansa's interest in part of the company. For once I think MOL has a fair point.
A million great ideas...
cornish (Certified Expert - Aviation Economics & Founding Member) 15 Aug 17, 20:03Post
JLAmber wrote:Easyjet are being mentioned as likely to take over parts of Air Berlin, with particular interest in West-bound flight from Germany - an area where easyjet are particularly weak.


EasyJet have gradually been cutting back on Germany - most recently with the announcement of the closure of its Hamburg base (but will continue to fly there). Germany is not one of their focus markets within the current business plan, and additionally they have also wanted to concentrate more on strengthening their core airports.

So that makes it sounds that easyJet are less likely to want the problem of taking over parts of Air Berlin - but they may see an opportunity to get into DUS properly as being too good to miss.

JLAmber wrote:Ryanair have already complained to the EU about Lufthansa's interest in part of the company. For once I think MOL has a fair point.


Agreed. And Ryanair are really going for it in Germany (in a way easyJet are not) with their massive expansion at Frankfurt this autumn being a key element of that (much to the concern of LH).
HT-ETNW 23 Aug 17, 05:20Post
aero.de cites newspaper Süddeutsche Zeitung claiming that first flight cancellations are in the brink, as Air Berlin is cut off from money coming in from new (end customer) bookings. These monies are said to go into a blocked account to sit there for the case of customers having to get refunds.

-HT
Use your time wisely; remember that today is the first day of the rest of your life.
MrGavin 30 Aug 17, 00:17Post
HT-ETNW 30 Aug 17, 05:20Post

As confirmed by AB itself (various sources):
The two flights between TXL - AUH will be discontinued on 17-SEP and 01-OCT, respectively.
TXL-ORD ends 30-SEP
TXL-LAX, TXL-SFO, and DUS-BOS will end on 01-OCT, i.e. 1 month earlier than originally planned.
Long haul flying will focus on DUS only.


-HT
Use your time wisely; remember that today is the first day of the rest of your life.
Zak (netAirspace FAA) 30 Aug 17, 07:44Post
Rumours say that LH will take over the longhaul routes from TXL.
None are more hopelessly enslaved than those who falsely believe they are free.
(Johann Wolfgang von Goethe)
Yokes 11 Sep 17, 14:41Post
From Air Berlin FB account:

SCHEDULE CHANGE:
airberlin ends Caribbean flight schedule
airberlin is ending its Caribbean flight schedule from Dusseldorf on 25 September 2017. This brings to an end flights to Curacao (Netherlands Antilles), Cancun (Mexico), Havana and Varadero (Cuba) as well as Punta Cana and Puerto Plata (Dominican Republic) from this date.
airberlin kindly asks passengers who booked their flights as part of a package holiday to contact their tour operator for further information. For any tickets bought after the filing for insolvency proceedings on 15th August 2017, we will reimburse the purchase price without charge. Affected passengers are able to submit any additional costs incurred through the website http://www.airberlin.com/complaint. Tickets that were issued before the filing for insolvency proceedings will not be reimbursed due to insolvency law regulations.
A few days ago, airberlin announced cancellations of a number of individual long-haul flights. These cancellations will also be brought forward to 25 September 2017. This affects connections between Berlin and Abu Dhabi, Chicago, Los Angeles and San Francisco, as well as Dusseldorf and Boston. airberlin apologises for any inconvenience caused by the cancellations.
Background to today's decision is a reduction of airberlin’s long haul fleet which became necessary due to the current preliminary insolvency proceedings.
Yokes 12 Sep 17, 06:57Post
Here is the reason for the announcement above: (only in german)

http://www.austrianaviation.net/detail/ ... zehn-a330/

Lessor Air Cap cancels leasing contracts for 10 A330s. Now there are only 7 left in Air Berlins fleet and they are not able to operate their long haul destinations anymore.

Rumors in the german DUS-Spotter Forum say that all flight operations will probalby be suspended on the 30.Sep.
helvknight (Founding Member) 21 Nov 17, 11:43Post
One bit of good news, 30 ex Belair (AB Swiss subsidiary) are moving to LX and WK. Both airlines are short of crew so it makes sense.

https://www.travelnews.ch/tourismuswelt ... weiss.html (in German)
Hire Engineers to drive the vision and execute a plan. Hire MBAs to shuffle the papers and work in sales. Hire Accountants to manage your staff working a viable livable wage, and never have either an Accountant or an MBA run your company. - Steve Jobs

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