German low-cost carrier Air Berlin has been thrown a financial life-line in the form of a 30% outright purchase of its shares plus a debt-financing agreement from the Abu Dhabi state-controlled airline Etihad Airways – as was reported by this blog last month.
In the announced ‘strategic partnership’ Air Berlin will enter into a code-sharing agreement with Etihad Airways that will [...] Continue Reading…
German low-cost carrier Air Berlin has been thrown a financial life-line in the form of a 30% outright purchase of its shares plus a debt-financing agreement from the Abu Dhabi state-controlled airline Etihad Airways.
In the announced ‘strategic partnership’ Air Berlin will enter into a code-sharing agreement with Etihad Airways that will see Etihad become Air Berlin’s largest shareholder and [...] Continue Reading…
While we do not expect any A380 of theirs to be landing any time soon in Berlin, Lufthansa, the largest German airline, has announced that it will increase its Berlin presence next year.
The official name of the new Berlin airport, which is scheduled to open on June 2nd next year is called ‘Willy Brandt Airport’ however its operational 3 letter SITA airport [...] Continue Reading…
Getting to Berlin for a good weekend can be a lot cheaper than a weekend in your home city, and definitely more exciting, but getting here by budget may not be so easy, especially if you’re not used to it. So here are a few tips to get you on your way to a budget Berlin holiday with [...] Continue Reading…
After having held the position for nearly 20 years, Joachim Hunold CEO of Air Berlin, the 3rd largest low-cost carrier in Europe, will step aside amid growing losses.
Air Berlin has since announced that it, along with other German carriers, was suffering from a new German air travel tax along with higher fuel costs and found these for competitive reasons difficult to [...] Continue Reading…
‘ILA – Berlin’ is one of the world’s major air shows, not as large as Farnborough or Paris but equal in regional importance to other shows like Dubai and Singapore.
It is certainly the oldest – the original Berlin air show was in 1909 and a special anniversary was held in 2009 to celebrate the 100th anniversary.
The new ILA-Berlin [...] Continue Reading…
The Airbus A400M transport plane has finally achieved an ‘all-systems-go’ status after an official signing ceremony confirming first deliveries for 2012.
The signing finalized an earlier agreement in which 7 European countries agreed to assist Airbus in covering the cost overruns of the project, which was both overdue and over budget.
Presently there are a total of 174 aircraft orders from eight nations, however [...] Continue Reading…
Lufthansa has placed orders for 35 new aircraft – 30 of the new passenger aircraft are of the new up-graded Airbus A320neo type and 5 are for Boeing 777-freighters for their Cargo business.
With greater fuel efficiency, these new aircraft will bring lower operating costs and also cut noise levels and CO2 emissions.
They will burn around 15 % less fuel than comparable aircraft [...] Continue Reading…
It has been announced by Airbus, that going into this year 2011 –in which it will celebrate its 40th anniversary – its sales overtook its fierce rival Boeing with a total sales order book of 510 airplanes – this figure being an accumulation of all aircraft types.
Airbus last week also celebrated its 10,000th aircraft sale when it announced an almost 4 billion Euro order for its [...] Continue Reading…
Air Berlin disclosed today that it managed to increase its 2010 cumulative passenger boardings, carrying circa 34 million airline passengers – an increase of almost 4% over 2009 -so a good year for Germany’s 2nd largest aviation company after state controlled Lufthansa.
Air Berlin, is presently headquarted in Berlin and employs 8,300 people , many of whom are based in Germany’s capital. We wrote about their partnership with the ONEWORLD [...] Continue Reading…
Germany’s sophisticated, well thought-out infrastructure – its complex road and traffic system were thrown into a complete state of flux yesterday by the heavy snow accompanied by wind which was brought by blizzard ‘Petra’.
About 100 flights were cancelled from and into Berlin’s two major airports Berlin Tegel and Berlin Schoenefeld/BBI.
The city has been covered and blanketed in heavy snow throughout all of yesterday, [...] Continue Reading…
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