Airberlin files for bankruptcy as Etihad stops funds

Credit: Rob Finlayson

German carrier airberlin , in which Etihad Airways has a 29.2% stake, filed for insolvency Aug. 15 after Etihad withdrew financial support. The German government is issuing a loan of €150 million ($177 million) to airberlin to ensure flight operations for about three months, German Minister of...

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