Monday, September 26, 2016

Savings plans – Air Berlin is to be halved – Sü


  • Massive savings in machinery and personnel, to save the ailing Airline Air Berlin.
  • the main shareholder, Etihad Airways negotiated with the tourism group Tui and Lufthansa.
  • Air Berlin suffers under the hard competition in the air transport sector, but also delayed the completion of Berlin’s new airport.
Jens Flottau, Frankfurt

Germany’s second largest airline Air Berlin is shrinking – and in the end probably only half as many aircraft to operate as it is today. Also, the number of jobs in the administration should be halved, according to information from the süddeutsche Zeitung will separate the company in the next few months, therefore, expected to be about 1000 of its 8600 employees.

the struggling Airline, negotiated Air Berlin’s main shareholder, Etihad Airways, currently with the tourism group Tui, parts of Air Berlin, Tuifly and in one’s own holiday airline to continue. A few weeks ago was already leaked that Etihad is negotiating with Lufthansa on a broad-based business: Air Berlin is to rent 40 Jets to eurowings, the low-offshoot of Lufthansa, and on the locations in Berlin and Düsseldorf focus.

Lufthansa will soon fly with Air Berlin

The airline wants to take over from the Winter, a third of the flights of the ailing Air Berlin and the Airline to provisionally save. By Jens Flottau more …

the negotiations with Tui and Lufthansa successfully, would be Air Berlin will operate in the future, only about 70 machines, so about half as many planes on your own as is currently the case. That would also apply to the crews, i.e. pilots and cabin crew. Etihad owns 29.2 percent of Air Berlin. The airline from Abu Dhabi has invested in the past years, far more than a billion euros in the loss-making German company.

In industry circles said the agreement with Lufthansa could be in this week announced. Other sources speak of, they will probably announced in a few weeks officially. According to this information, the planned start date at the beginning of the winter flight schedule is loose, because Euro wings can prepare not enough on the massive Expansion. The companies involved do not comment. The Lufthansa Supervisory Board shall meet as scheduled next Wednesday. The Board would have to approve the agreement formally, but should be informed about it.

in Addition to the 40 machines that will go to the Lufthansa, wants to make Air Berlin more machines. So it is considered likely that Air Berlin, separating it from its Austrian subsidiary FlyNiki. FlyNiki, with its 17 machines could be together with the 14 Jets that operates Tuifly for Air Berlin, in a joint company with Tuifly introduced, as the SZ has learned. In a letter to his employees, Tuifly announced previously that the company had to be ready to safeguard its economic interests, should the deterioration of the situation in the case of Air Berlin.

Air Berlin has made since the IPO in 2006, just one Time make a profit. In the past three years, the company has accumulated losses amounting to nearly EUR 1.2 billion. The company suffers from fierce competition in the air transport sector, but also delayed the completion of Berlin’s new airport. In Air-Berlin-circles, it is argued, gelängen the two agreements with Tui, Eurowings, would have saved the company. Aviation experts doubt this.

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