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Old August 15th, 2017, 07:34 PM   #121
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Quote:
Originally Posted by Momo1435 View Post
It's a good chance for LLCs to grow in Germany.
It was the growth of Ryanair and Easyjet in Schoenefeld that did for Air Berlin in the first place.

Last edited by sponge_bob; August 15th, 2017 at 07:40 PM.
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Old August 15th, 2017, 09:28 PM   #122
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In this new situation it will mostly be interesting to see who will step into the long-haul market from Germany which will now pretty much be only Lufthansa. Norwegian's has already plans to enter this market, they will most likely go in even more aggressively then if they would still have to compete with airberlin.
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Old August 15th, 2017, 10:34 PM   #123
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The void will be closed.
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Old August 16th, 2017, 07:09 PM   #124
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In 5 weeks there is the German election and no one will risk bad news with a lot of unemployed people close to an election. Due to this anything other as a smooth transfer from AB to LH is unlikely. LH will launch more LCC flights with Eurowings (also on long-haul; AB use A332 as EW/SN does). Maybe we will see LH Cityline out of DUS or EW long-haul out of DUS.
If slots will be transferred from AB to LH there is not much room for new airlines. TXL, DUS and MUC do not have many open slots. At any other airport LCC can expand right now but up to now they never really did.

As AB managed to phase out all their Boeings the fleet fits perfectly to LH. Also the current CEO of AB, Thomas Winkelmann, was formerly at LH.
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Old August 17th, 2017, 08:14 PM   #125
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Lufthansa would apparently take the majority of Air Berlin

Lufthansa wants to secure a large part of the aircrafts of the broken Air Berlin. It could be about 90 of the 144 aircraft greet on Thursday appropriate information "Süddeutsche Zeitung" in confirmed business circles.

The Crane Group is considered under a great deal of time pressure, so that it is already well and pushed forward for the months negotiations and ended soon as next week. With the board of Air Berlin and trustees Lucas Flöther to be negotiated from Friday until the weekend, had CEO Lufthansa Carsten Spohr reported after a special meeting of the supervisory board, the paper wrote.

In addition to the 38 Air Berlin aircraft already leased Lufthansa wants the Austrian branch of tourism "Niki" take and other aircraft. They are under the umbrella of Lufthansa subsidiaries Eurowings at the beginning.

In the figures, most of Air Berlin's 17 long-haul aircraft are included, which they also received for Eurowings. No interest Lufthansa information, in the old propeller propellers and 14 Boeing Airplanes, Air Berlin has rented to the high costs of the TUIfly. The tourism of the Tui Group could fall again.

Translated note:http://www.tagesspiegel.de/wirtschaf.../20201988.html
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Old August 18th, 2017, 02:53 PM   #126
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Will the emergency bridge loan from the German government get challenged in the EU courts as inappropriate subsidies?
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Old August 19th, 2017, 04:37 AM   #127
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New potential investor for Air Berlin. Apparently he wants to keep AB together and compete against Lufthansa.

Quote:
Airline entrepreneur Hans Rudolf Woehrl, who made a name for himself when he bought German airline Deutsche BA from British Airways for 1 euro, also threw his hat in the ring on Friday.

With the backing of partners and financial investors, he aims to take over Air Berlin as a whole and keep it flying as an independent airline, his company INTRO-Verwaltungs GmbH said.
https://www.reuters.com/article/us-a...-idUSKCN1AY0Z6
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Old September 12th, 2017, 07:52 PM   #128
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AerCap to take back Air Berlin A330-200s

Air Berlin (AB, Berlin Tegel) appears to have returned its first longhaul aircraft, as an A330-200, D-ABXD (msn 822), owned by AerCap, was ferried from Dusseldorf to Zurich on Monday, September 11 according to ch-aviation analysis of FlightRadar24 ADS-B data.

German news site Süddeutsche Zeitung reports that AerCap plans to take back all of the ten A330-200s it currently leases to Air Berlin.

The returned aircraft was previously used on trans-Atlantic services to Miami Int'l, Boston, New York JFK, Los Angeles Int'l, San Francisco, CA, Varadero, and other Caribbean destinations. These services are due to cease by September 25.

Including the aircraft in question, Air Berlin has a total of twelve aircraft on lease from AerCap, two A320-200s and ten A330-200s.

ChAviation https://www.ch-aviation.com/portal/n...rlin-a330-200s
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Old September 21st, 2017, 10:22 PM   #129
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Air Berlin likely to stop long-haul routes from Oct. 15: sources

BERLIN (Reuters) - Air Berlin (AB1.DE) is likely halt its remaining long-haul flights from Oct. 15, two sources familiar with the matter told Reuters on Wednesday.

Air Berlin said no such decision had been made.

The German carrier filed for bankruptcy protection in August after major shareholder Etihad pulled the plug on funding.

It has been forced to scrap long-haul flights from its two bases of Duesseldorf and Berlin after a leasing company asked for its planes to be returned. From late September its only long-haul flights will be from Duesseldorf to a few destinations in the United States, such as New York and Miami.

http://www.reuters.com/article/us-ai...KCN1BV2E4?il=0
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Old September 22nd, 2017, 06:23 AM   #130
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Quote:
Originally Posted by Danfer21 View Post
Air Berlin likely to stop long-haul routes from Oct. 15: sources

BERLIN (Reuters) - Air Berlin (AB1.DE) is likely halt its remaining long-haul flights from Oct. 15, two sources familiar with the matter told Reuters on Wednesday.

Air Berlin said no such decision had been made.

The German carrier filed for bankruptcy protection in August after major shareholder Etihad pulled the plug on funding.

It has been forced to scrap long-haul flights from its two bases of Duesseldorf and Berlin after a leasing company asked for its planes to be returned. From late September its only long-haul flights will be from Duesseldorf to a few destinations in the United States, such as New York and Miami.

http://www.reuters.com/article/us-ai...KCN1BV2E4?il=0
Wonder whether they will honour their EU261 compensation requirements?
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Old September 23rd, 2017, 07:44 PM   #131
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Wonder whether they will honour their EU261 compensation requirements?
Because of the bankcruptcy a court order (to pay EU261) cannot be enforced against Air Berlin...
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Old September 24th, 2017, 04:28 PM   #132
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Originally Posted by doc7austin View Post
Because of the bankcruptcy a court order (to pay EU261) cannot be enforced against Air Berlin...
Shouldn't the regulators then remove their operating certificate if they can't abide by the rules?
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Old September 24th, 2017, 10:06 PM   #133
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Quote:
Originally Posted by hkskyline View Post
Shouldn't the regulators then remove their operating certificate if they can't abide by the rules?
They are abiding by the rules.

In German Law a company that files for bankruptcy has to divide its debt and obligations in two:

1. Debt and obligations before the filing.
2. Debt and obligations after the filing.

Tickets(purchased) and obligations in relation to tickets issued before will not require them to pay up, tickets and obligations after do need to be covered.
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Old September 25th, 2017, 08:21 PM   #134
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Airbus A330-223 665 D-ABXC Air Berlin ferried 25sep17 TXL-LDE on return to lessor (+ 828 D-ALPI, + 968 D-ABXE, + 1112 D-ABXF)

Airbus A330-223 444 D-ALPC Air Berlin ferried 25sep17 DUS-LDE on return to lessor (+ 493 D-ALPG, + 911 D-ALPJ)

Airbus A330 -223 454 D-ALPD Air Berlin ferried 25sep17 TXL-ZRH on return to lessor (+ 469 D-ALPE)
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Old September 26th, 2017, 05:17 PM   #135
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Quote:
Originally Posted by OVERSIER View Post
They are abiding by the rules.

In German Law a company that files for bankruptcy has to divide its debt and obligations in two:

1. Debt and obligations before the filing.
2. Debt and obligations after the filing.

Tickets(purchased) and obligations in relation to tickets issued before will not require them to pay up, tickets and obligations after do need to be covered.
So German corporate law supercedes the EU261 rules? I hope safety regulations can't be bypassed in the same way under the veil of bankruptcy protection.
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Old September 28th, 2017, 07:57 PM   #136
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Quote:
Originally Posted by hkskyline View Post
So German corporate law supercedes the EU261 rules? I hope safety regulations can't be bypassed in the same way under the veil of bankruptcy protection.
Any bankruptcy process puts consumers at the end of creditors list in most countries. EU261 is not relevant in this case as it can not be enforced on a business which does not exist.

What safety regulation are you talking about?

Last edited by OVERSIER; September 29th, 2017 at 12:45 AM.
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Old September 29th, 2017, 05:12 PM   #137
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Quote:
Originally Posted by OVERSIER View Post
Any bankruptcy process puts consumers at the end of creditors list in most countries. EU261 is not relevant in this case as it can not be enforced on a business which does not exist.

What safety regulation are you talking about?
Putting certain creditors in different prioritization queues is different from not even recognizing EU261 payments are needed for delays/cancellations that are within their control. Bankruptcy law doesn't "forgive" these debts. These creditors should still be in line for payment ... eventually, if there is anything left.

While they have filed for insolvency, they are still flying and taking bookings ($), so the business is still very much "here".
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Old September 29th, 2017, 05:43 PM   #138
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Quote:
Originally Posted by hkskyline View Post
Putting certain creditors in different prioritization queues is different from not even recognizing EU261 payments are needed for delays/cancellations that are within their control. Bankruptcy law doesn't "forgive" these debts. These creditors should still be in line for payment ... eventually, if there is anything left.

While they have filed for insolvency, they are still flying and taking bookings ($), so the business is still very much "here".

I dont think you understand German insolvency procedure.

The debt is now divided in two as I said before. The debt from before the filing will not be serviced. The debt after filing will and the creditors are prioritised and I doubt that many people booked after the filing and will qualify for EU261.

The assets are already sold and the airline stops its existence on the first of November, most flights are already cancelled.
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Old October 12th, 2017, 12:23 PM   #139
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Lufthansa to announce Air Berlin deal

Quote:
Lufthansa is expected to announce a deal on Thursday to purchase large parts of insolvent airline Air Berlin. The deal has been expected for weeks and Lufthansa CEO Carsten Spohr says today will be "a milestone".

Germany's largest airline is expected to buy Air Berlin's low-cost leisure airline Niki, its LG Walter regional airline as well as up to half of Air Berlin's A320 fleet.
full article:
http://www.dw.com/en/lufthansa-to-an...eal/a-40917921
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Old October 13th, 2017, 04:01 AM   #140
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Sad to say Good Bye
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