German airline Air Berlin said today it would discuss transferring part of its fleet to a new group founded by package tour giant TUI and Gulf carrier Etihad as part of a major overhaul.<\/p>\n
Air Berlin will discuss bringing 35 of its aircraft, including 14 already leased from TUI subsidiary TUIfly, into a \u201cnew airline group to be founded by the TUI group and Etihad\u201d, it said in a statement.<\/p>\n
The plans remain subject to negotiation and regulatory approval, the statement continued.<\/p>\n
In a separate statement, Etihad said \u201cthe new airline group would serve a comprehensive route network from Germany, Austria and Switzerland\u201d.<\/p>\n
Air Berlin shareholder Etihad has kept the struggling airline alive with regular cash injections in recent years.<\/p>\n
The German company suffered a record loss of 447 million euros (USD 500 million) in 2015.<\/p>\n
Air Berlin a week ago announced a major restructuring that would see it shrink its fleet from 144 planes to 75 and cut 1,200 jobs, saying it would focus on its core business areas in a bid to return to profitability.<\/p>\n
In future, Air Berlin said it would concentrate on its hubs of Berlin and Duesseldorf, building out long-haul routes with new destinations and more frequent flights, especially to the United States.<\/p>\n","protected":false},"excerpt":{"rendered":"
German airline Air Berlin said today it would discuss transferring part of its fleet to a new group founded by package tour giant TUI and Gulf carrier Etihad as part of a major overhaul. Air Berlin will discuss bringing 35 of its aircraft, including 14 already leased from TUI subsidiary TUIfly, into a \u201cnew airline group to be founded by the TUI group and Etihad\u201d, it said in a statement. The plans remain subject to negotiation and regulatory approval, the statement continued. In a separate statement, Etihad said \u201cthe new airline group would serve a comprehensive route network from Germany, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[229],"tags":[],"class_list":["post-86257","post","type-post","status-publish","format-standard","hentry","category-civil-aviation"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/86257","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=86257"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/86257\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=86257"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=86257"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=86257"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}