The chief executive of struggling carrier Air Berlin is optimistic for an improvement in earnings this year after yields and profits increased in the third quarter.
"We continue to be optimistic that we will achieve a year-on-year
Etihad Airways, which has a major stake in Air Berlin, said it expects further legal action in its dispute with the German government over code-sharing between the two carriers.
"There will be another hearing. In the meantime, the
UAE national airline Etihad Airways has welcomed a German court ruling allowing it to continue operation of all its codeshare flights with Air Berlin to destinations in Europe, the US and the UAE.
Codeshare agreements allow airlin
Etihad Airways said it had asked a German court to grant a temporary injunction on Friday so it could go ahead with code-share flights with Air Berlin without approval from transport authorities.
Time has been
The UAE has called on Germany to hold talks this week on gaining approval for code share flights operated by Air Berlin and Abu Dhabi-based Etihad Airways, a shareholder in Air Berlin.
The UAE wants to hold talks on Thursday or Fr
Air Berlin's board of directors will decide on a new restructuring programme for the German airline in the coming weeks, a person familiar with the matter told Reuters on Tuesday.
Germany's second-largest airline, 29 per c
German airline Air Berlin, part-owned by Abu Dhabi's Etihad Airways, has ended its membership of European trade group AEA, citing what it said were its protectionist policies.
The move comes only days after a similar move by British
Air Berlin is still a European airline despite the 29 per cent stake held by Abu Dhabi's state-owned Etihad Airways, Germany's transport ministry said on Thursday, meaning that in German eyes it should keep its European operating licence
Air Berlin, which is 29 per cent owned by Abu Dhabi-based carrier Etihad, is cutting the number of seats it offers by 5 per cent and scrapping some of its routes as part of latest restructuring efforts to return to profits.
Germany has suspended a decision to block Abu Dhabi-based airline Etihad from selling tickets for some flights operated by partner Air Berlin, the German carrier said on Thursday.
Last week, Air Berlin said 34 so-called codeshare