Author Topic: Air berlin files bankruptcy.  (Read 3086 times)

Offline myi

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Offline B.D.Da'ehu

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Re: Air berlin files bankruptcy.
« Reply #1 on: August 15, 2017, 09:21:01 AM »
"Lufthansa and another unidentified airline are “far advanced” with plans for a partial rescue and a deal could be finalized in coming weeks, Air Berlin and Germany’s economic ministry said in separate statements. The government is supporting the process by providing a 150-million-euro bridging loan through its Kreditanstalt fuer Wiederaufbau promotional bank."

https://www.bloomberg.com/news/articles/2017-08-15/air-berlin-files-for-insolvency-after-etihad-withdraws-support

Online yelped

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Re: Air berlin files bankruptcy.
« Reply #2 on: August 15, 2017, 09:26:27 AM »
One less option NYC-TLV. Came out dirty cheap with the Amex-BA promo. 36k MR RT. Though, was already less options than a year ago as they only fly TXL-TLV now, and not MUN-TLV and DUS-TLV like a year ago.

Offline henche

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Re: Air berlin files bankruptcy.
« Reply #3 on: August 15, 2017, 09:40:53 AM »
Uh oh, is this the same as German? @Freddie

Offline chinagel

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Re: Air berlin files bankruptcy.
« Reply #4 on: August 15, 2017, 09:46:00 AM »
One less option NYC-TLV. Came out dirty cheap with the Amex-BA promo. 36k MR RT. Though, was already less options than a year ago as they only fly TXL-TLV now, and not MUN-TLV and DUS-TLV like a year ago.
theyre stopping flights to tlv?

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Re: Air berlin files bankruptcy.
« Reply #5 on: August 15, 2017, 09:47:02 AM »
theyre stopping flights to tlv?
No one knows what's going to be with the airline yet, but if they fold that's one less option.

Offline chinagel

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Re: Air berlin files bankruptcy.
« Reply #6 on: August 15, 2017, 09:49:14 AM »
No one knows what's going to be with the airline yet, but if they fold that's one less option.
safe to assume my flight for january is still flying?

Offline shwarmabob

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Re: Air berlin files bankruptcy.
« Reply #7 on: August 15, 2017, 10:01:59 AM »
One less option NYC-TLV. Came out dirty cheap with the Amex-BA promo. 36k MR RT. Though, was already less options than a year ago as they only fly TXL-TLV now, and not MUN-TLV and DUS-TLV like a year ago.
+1

Offline gadyrab

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Re: Air berlin files bankruptcy.
« Reply #8 on: August 15, 2017, 11:33:42 AM »
If I am nothing mistaken (I'm not) the majority shareholders are Ethihad Airways.
Ethihad are also the majority shareholders of Alitalia.

I imagine they have reconsidered their strategy as to ownership of foreign airlines.

If I am correct, Indian Jet Airways should be next to declare bankruptcy.

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Re: Air berlin files bankruptcy.
« Reply #9 on: August 15, 2017, 11:46:55 AM »
Uh oh, is this the same as German? @Freddie
You will only know when you get to Logan and see which one would have been leaving then.
Feelings don't care about your facts

Offline ExGingi

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Re: Air berlin files bankruptcy.
« Reply #10 on: August 15, 2017, 12:18:35 PM »
If I am nothing mistaken (I'm not) the majority shareholders are Ethihad Airways.
Ethihad are also the majority shareholders of Alitalia.

I imagine they have reconsidered their strategy as to ownership of foreign airlines.

If I am correct, Indian Jet Airways should be next to declare bankruptcy.

Last I saw Etihad owned 29% of AB, 49% of AZ, so while they are a significant shareholder, they are not the majority.

I don't know about your assertion regarding Jet Airways (why do you think they're next and not Air Serbia?). AB and AZ were troubled airlines and were bailed out by Etihad. IDK what's the status of Jet Airways.
I've been waiting over 5 years with bated breath for someone to say that!
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Offline ExGingi

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I've been waiting over 5 years with bated breath for someone to say that!
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Offline ar

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Re: Air berlin files bankruptcy.
« Reply #12 on: August 15, 2017, 04:20:15 PM »
Have a flight with them for end of October... wonder what's gonna be

Offline B.D.Da'ehu

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Re: Air berlin files bankruptcy.
« Reply #13 on: August 15, 2017, 04:32:29 PM »
Have a flight with them for end of October... wonder what's gonna be
Sounds like they are for sure good for 3 months.

Offline chinagel

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Re: Air berlin files bankruptcy.
« Reply #14 on: August 15, 2017, 05:14:33 PM »
Sounds like they are for sure good for 3 months.
beginning of january cause for concern?

Offline B.D.Da'ehu

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Re: Air berlin files bankruptcy.
« Reply #15 on: August 15, 2017, 05:17:03 PM »
beginning of january cause for concern?
Unclear as of yet.

Offline chinagel

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Re: Air berlin files bankruptcy.
« Reply #16 on: August 15, 2017, 05:18:19 PM »
Unclear as of yet.
thanks, any idea if AA would refund me the miles if they cancel the flight?

Offline m.m.

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Re: Air berlin files bankruptcy.
« Reply #17 on: August 15, 2017, 06:32:01 PM »
thanks, any idea if AA would refund me the miles if they cancel the flight?
also worth checking the credit card benefits to the card you swiped the fees to

Offline TBD

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Offline Freddie

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Re: Air berlin files bankruptcy.
« Reply #19 on: August 21, 2017, 09:05:16 PM »
Uh oh, is this the same as German? @Freddie

Just saw this. Good call back, as they say in the biz.