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 Unlimited-09-17-18

Airborne Unmanned-09.18.18

Airborne Unlimited-09.12.18

AMA Drone Report-09.13.18

Airborne Unlimited-09.14.18

Airborne-YouTube

Airborne Unlimited-09-17-18

Airborne Unmanned-09.18.18

Airborne Unlimited-09.12.18

AMA Drone Report-09.13.18

Airborne Unlimited-09.14.18

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

Aero-TV: The Sling TSi - The Ultimate Affordable Four Seater?

Four-Place Aircraft Powered By Rotax 914 Turbo The Airplane Factory brought its new Sling TSi to AirVenture 2018. The Sling TSi is a four-place turbocharged kit aircraft from the S>[...]

Aero-TV: Light, Adaptable, Innovative - Clarity Aloft Intro’s the Flex!

Clarity Aloft Introduces The TSO Certified Flex Headset The newest addition to the Clarity Aloft headset range is a big departure from previous designs and ushers in a new standard>[...]

Airborne-Unmanned 09.18.18: Airware Grounded, AUVSI Urges Congress, LMC And DRL

Also: DroneInsurance.com And AirMap, EagleView And PrecisionHawk, Laser-Carrying Drones, Army Drones Claiming to offer, “... a cloud-based platform to manage, process, view, >[...]

Airborne-Unmanned 09.18.18: Airware Grounded, AUVSI Urges Congress, LMC And DRL

Also: DroneInsurance.com And AirMap, EagleView And PrecisionHawk, Laser-Carrying Drones, Army Drones Claiming to offer, “... a cloud-based platform to manage, process, view, >[...]

Airborne 09.17.18: Round The World Spitfire, Reno MidAir, Loon Program

Also: NATA Leadership, Navy Presents DFC, Wright Brothers Memorial, Orion Parachute Tests We rarely get jealous of our fellow aviators but a recent announcement has definitely insp>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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