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Airberlin accelerates plan to end US routes
Insolvent German carrier airberlin will end most of its long haul transatlantic routes before the end of this month.
It announced the end of its Caribbean flight schedule on September 25 out of Dusseldorf to Curacao, Cancun, Havana and Varadero in Cuba, and Punta Cana and Puerto Plata in the Dominican Republic.
The scrapping of some US direct flights will also be brought forward to earlier than initially planned.
This includes Berlin to Chicago, Los Angeles and San Francisco, and the Dusseldorf-Boston route.
The carrier filed for bankruptcy on August 15 after major backer Etihad Airways ended financial support.
Full refunds will be given for tickets booked after the insolvency filing but this does not apply for tickets issued before its official bankruptcy announcement due to insolvency law regulations.
After announcing the filing, the airline secured a 150 million euro loan but this will likely run out by the end of this month.
Aviation investor Hans Rudolf Woehrl said he has made a 500 million bid for the airline, while it may be broken up as rival carriers are lining up to bag parts of airberlin.
These include Lufthansa and leisure airline Condor.
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Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
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