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Delay on decision for Air Berlin buyers

“This postponement is at the expenses of the workers, who want a decision on their jobs and their future,” Verdi union board member Christine Behle said.

Lufthansa and several other parties have bid for parts of insolvent Air Berlin by yesterday’s deadline as administrators look for investors for Germany’s second largest airline.

Air Berlin, which employs more than 8,000 people, filed for bankruptcy last month after major shareholder Etihad Airways withdrew funding following years of losses.

Germany’s coalition government led by Chancellor Angela Merkel, who is seeking a fourth term in a federal election on September 24, last month loaned Air Berlin €150m to prevent its planes from being grounded.

Former Formula One world champion Niki Lauda said he would put in a joint bid with German airline Condor, part of holiday firm Thomas Cook.

READ MORE (Irish Examiner)

  • 'Lively' investor interest in Air Berlin, says CEOGulf Times
  • Air Berlin's administrator takes in bids from Lufthansa, othersReuters
  • German union attacks Air Berlin administrators for decision delayArab News
  • Air Berlin decision to come September 25thDeutsche Welle
  • Easyjet takes on ex Formula One champion Nicki Lauda in race for insolvent ...This is Money
  • Air Berlin receives several bids for parts of airlineFinancial Times
  • EasyJet submits offer to acquire part of insolvent Air BerlinCity A.M.
  • Britain's easyJet bids for parts of Air Berlin's short haul businessReuters
  • Factbox: Bids for Air Berlin, Germany's second-biggest airlineReuters

This post first appeared on The 5th News, please read the originial post: here

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Delay on decision for Air Berlin buyers


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