Air Berlin Continues To Sell Off Assets | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

Airborne Unlimited-
Monday

Airborne-Unmanned w/AUVSI-
Tuesday

Airborne Unlimited-
Wednesday

AMA Drone Report-
Thursday

Airborne Unlimited-
Friday

Airborne On ANN

Airborne 06.18.18

Airborne-UnManned 06.19.18

Airborne 06.20.18

AMA Drone Report 06.21.18

Airborne 06.15.18

Airborne-YouTube

Airborne 06.18.18

Airborne-UnManned 06.19.18

Airborne 06.20.18

AMA Drone Report 06.21.18

Airborne 06.15.18

Fri, Jan 05, 2018

Air Berlin Continues To Sell Off Assets

Subsidiary Aviation GmbH Sold To Thomas Cook

The breakup of Air Berlin continued this week as the collapsed German airline sold its subsidiary Air Berlin Aviation GmbH to Thomas Cook Group Airlines.

Reuters reports that neither party was willing to say how much Thomas Cook paid for Air Berlin Aviation, but a source close to the negotiations said that it was somewhere in the "medium single-digit million euro" range.

Thomas Cook did say that acquiring Air Berlin Aviation would give its Condor airline growth options, which is consistant with its plan to grow capacity in the German market. Demand has reportedly increased in recent months.

Air Berlin stopped flying and filed for insolvency in August. Major parts of the airline were previously sold to German flagship carrier Lufthansa, as well as easyJet.

(Image from file)

FMI: Original Report

Advertisement

More News

Airborne 06.18.18: XP-82 Twin Mustang, Tuskegee Airmen, Supersonic Reg Change

Also: Thunderbirds/Snowbirds To N TX, AK Mid-Air, Gogo AVANCE L5, Sikorsky's New Parts Supply Site The restorers of a North American XP-82 “Twin Mustang,” one of the mo>[...]

Airborne-Unmanned 06.19.18: Mexican UAV Fights Crime, Spokane Drones, Ikhana!

Also: K2 & Robotic Skies, Autonomous Aerial Vehicles Competition, K State Grad Cert, Commercial Drones at JFK A drone operated by authorities in Ensenada, Mexico, led to a sign>[...]

AMA Drone Report 06.14.18: AMA Expo W Drone Races, Ag v Drones, Kitty Hawk Flyer

Also: Drone Rotor Safety System, Birds Inspire Drone Design, UAVs Stop Crime, Fat Shark 101 As previously noted, the upcoming AMA Expo West Tradeshow not only starts early, but in >[...]

It's On--Again! EAA/ANN Announce 2018 AirVenture Innovation Preview!

Stunningly Successful Innovation Program Draws Hundreds of Thousands of Eyeballs to ‘All Things AirVenture’ E-I-C Note: We're tremendously excited to work with EAA agai>[...]

Aero-News AirVenture Update: This Is So Cool! #OSH18COOL

We Need YOUR Help To Find AND Celebrate The Coolest Stuff At EAA AirVenture 2018, #OSH18COOL Stuff that’s new is cool… we get it… that’s why we’re b>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2018 Web Development & Design by Pauli Systems, LC