Tuesday, August 15, 2017

Air Berlin files for insolvency

German low-cost airline Air Berlin has filed for insolvency after its main shareholder withdrew support for the struggling carrier.

Air Berlin is now in discussions with the German government and the airline Lufthansa about continuing its operations.

Ira Spitzer has more from Berlin.

IN: "Air Berlin's largest…"
OUT: SOC
DUR: :32