FRANKFURT: Insolvent German airline Air Berlin aims to strike deals to sell assets to two or more buyers by the end of September, before a government loan keeping its planes in the air runs out, its chief executive said.
The group is in talks with a total of three aviation firms, including Lufthansa, German newspaper Frankfurter Allgemeine Zeitung (FAZ) quoted Thomas Winkelmann as saying in yesterday’s edition.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
