15 Aug 2017

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Lufthansa supports restructuring of airberlin

Cape Town - In order to continue with its restructuring, airberlin has filed a provisional insolvency proceeding in self-administration at the local court of Berlin-Charlottenburg on Tuesday.

Lufthansa said in a statement it is supporting the restructuring efforts of the airline jointly with the German government.

"This also ensures that all aircraft that are currently operated by airberlin under a wet lease agreement for Eurowings and Austrian Airlines will continue operating as before," Lufthansa stated.

"Lufthansa is already in negotiations with airberlin to take-over parts of the airberlin group and is exploring the possibility of hiring additional staff. Lufthansa intends to conclude these negotiations successfully in due time."

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