Articles tagged “airberlin”

Air Berlin Restructuring Continues With Sale of Stake in Austria’s NIKI to Etihad for $319 Million

Air Berlin Restructuring Continues With Sale of Stake in Austria’s NIKI to Etihad for $319 Million

Associated Press

With Airberlin selling its stake in NIKI to Etihad, Airberlin will focus on its core business travel markets in Germany and Italy while Etihad gets to expands its tentacles a bit more in Australia.

2 years ago

Etihad CEO Is Sure Air Berlin and Alitalia Are on the Road to Improvement

Etihad CEO Is Sure Air Berlin and Alitalia Are on the Road to Improvement

Chiara Albanese and Deena Kamel Yousef, Bloomberg

Etihad has created an alliance of its own with strategic investments in carriers in need of help. If it can turn this alliance into one that creates and serves new routes it will do even better.

3 years ago

Etihad Airways CEO Hogan to Head Wider Group in Management Revamp

Etihad Airways CEO Hogan to Head Wider Group in Management Revamp

Deena Kamel Yousef, Bloomberg

With Etihad's equity and codeshare partners contributing $1.4 billion in sales last year as their roles are growing, Etihad had to put in place a new structure to effectively manage a growing business.

3 years ago

Airlines Increase Reward Seat Availability But They Could Be More Costly

Airlines Increase Reward Seat Availability But They Could Be More Costly

Dan Peltier, Skift

Having plenty of rewards seats means nothing if airlines don't make it easier for travelers to redeem their rewards points, something that's becoming harder to do as programs become more revenue-based.

4 years ago

Before Air Berlin’s CEO Leaves He Wants to Get It Back to Profitability

Before Air Berlin’s CEO Leaves He Wants to Get It Back to Profitability

Richard Weiss, Bloomberg

We don't see him being much more successful at this than he has been at any similar measures recently.

4 years ago

Air Berlin CEO Voluntarily Steps Down After Two-Year Turnaround Effort

Air Berlin CEO Voluntarily Steps Down After Two-Year Turnaround Effort

Associated Press

It sounds like the transition is the start of the next part of Air Berlin's turnaround, especially since Prock-Schauer will remain in a strategy role.

4 years ago

Air Berlin to Challenge Germany’s Limits for Etihad Codeshare Flights

Air Berlin to Challenge Germany’s Limits for Etihad Codeshare Flights

Associated Press

Germany's decision will limit the benefits of Etihad's investment making it likely that Air Berlin will fight until it's overturned.

4 years ago

Air Berlin Backs Out of $5 Billion Boeing Order to Reduce Costs

Air Berlin Backs Out of $5 Billion Boeing Order to Reduce Costs

Tom Lavell, Bloomberg

Air Berlin's decision to lease instead of buy for capacity expansions is a trend that major plane makers including Boeing and Airbus can still capitalize on by providing aircraft for lease at more affordable costs.

4 years ago

Low-Cost Carrier Air Berlin Is Desperately Trying to Find a New Niche

Low-Cost Carrier Air Berlin Is Desperately Trying to Find a New Niche

Christopher Jasper, Bloomberg

Like Rynair, Air Berlin is learning that low-cost isn't everything.

5 years ago

Rival Airlines Pounce on Report That Etihad Received $3 Billion Interest-Free Loan

Rival Airlines Pounce on Report That Etihad Received $3 Billion Interest-Free Loan

Reuters

This is the smoking gun that Qantas and other rivals have been looking for.

5 years ago

After Air Berlin’s 2013 Losses, the Airline Asks Investors to Buy Bonds

After Air Berlin’s 2013 Losses, the Airline Asks Investors to Buy Bonds

Reuters

Air Berlin's troubles with investment and the EU won't be improving after this fund raising effort.

5 years ago

Etihad Close to Setting Alitalia Investment and Restructuring Air Berlin Relationship

Etihad Close to Setting Alitalia Investment and Restructuring Air Berlin Relationship

Deena Kamel Yousef, Bloomberg

Etihad is hungry for this Italian beachhead in Europe, and it's likely they'll find a way to extract terms that Air France-KLM couldn't, while also steering clear of EU regulators.

5 years ago