Friday brings a moment of truth for bankrupt Air Berlin, as a raucous bidding war closes that could see Germany's second-largest airline broken down for parts amid wildcat strikes by pilots.
Insolvent airline Air Berlin cancelled 32 flights on Wednesday due to numerous pilots calling in sick, leaving passengers affected by cancellations and delays for the second day in a row.
Insolvent Air Berlin was forced to cancel dozens of flights on Tuesday after "an exceptionally high number" of pilots called in sick, prompting the airline to accuse staff of sabotaging rescue talks.
German investor Hans Rudolf Wöhrl has unveiled a €500-million offer for bankrupt Air Berlin, hoping to buy the country's second-largest airline whole rather than see it split up.
The European Commission on Monday approved Germany's plans to grant insolvent Air Berlin a €150 million loan to allow it temporarily to serve passengers while selling off its business.
Ryanair chief executive Michael O' Leary on Wednesday said his airline would not make a bid for insolvent Air Berlin, slamming what he called a German "stitch-up" designed to benefit Lufthansa.
A dogfight over the assets of troubled Alitalia and Air Berlin heralds a new shake-up in the European airline industry – but unless other carriers cut costs they may meet a similar fate themselves, analysts warn.
Insolvent German airline Air Berlin hopes to complete its sale by September, the group's chief executive said, as government officials fended off accusations of favouring Lufthansa in the bankruptcy process.
Air Berlin is in talks with three competitors about buying up its assets, the insolvent airline's boss said on Thursday, warning that not all jobs would be saved.
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".
After Air Berlin filed for insolvency proceedings on Tuesday, many customers and travellers are asking where this leaves them. We answer the key questions.
Struggling German airline Air Berlin insisted Wednesday that it has sufficient cash to stay solvent despite suffering heavy losses and a string of flight cancellations.
Germany's second-largest airline has been running in the red for years. And now amid massive staff cuts, it's having a hard time ensuring all its flights go through.
More than 50 flights were cancelled by Air Berlin and Tuifly on Wednesday after a large number of staff called in sick amid concerns about a partial merger between the two companies.
Germany's second largest airline has sold its last remaining aeroplane due to financial problems made more complicated due to Britain's recent vote to leave the EU.
The budget airline Ryanair is in negotiations with Munich Airport to start flying from the southern hub as part of a strategy to aggressively expand its German market-share.
Germany's second-biggest airline, Air Berlin, on Monday said it has cancelled flights this month to Egypt's Sharm el-Sheikh resort on the Red Sea because of deteriorating security for foreign tourists.
A grieving dog owner is suing German airline Air Berlin after he was offered a €100 voucher as compensation for the death of his pet during a flight.
