The global economic crisis also contributed to the firm’s dire numbers as 2008 gave a negative figure. Several attempts to alleviate this problem have failed over the years.“It’s been likely to happen for some time. As a result of Air Berlin’s demise, Woldbye says Copenhagen’s total passenger numbers fell by 75,079 (-3.4%) with more than half directly attributable to the carrier’s collapse – resulting in a net loss of 39,000 passengers compared with November last year.Encouraged by the pick-up rate on the Berlin route, Woldbye said: “By week six next year, there will be 50 weekly services between Copenhagen and Berlin, which is equivalent to the situation before the bankruptcy.”Having said that, airport management also points to ‘a notable fall in transfer traffic’, with 37,410 fewer passengers transferred via CPH, corresponding to a fall of -15.5%. For example, American makes money if a traveler flies from Los Angeles to London on American, and then onto New Delhi on British Airways.The U.S. majors allege the three Gulf airlines receive subsidies from their governments, which they say is a violation of Open Skies agreements negotiated by the United States with Qatar and the United Arab Emirates.
Add Comment Abu Dhabi-based Etihad Airways has been dealt another financial blow with the collapse of German carrier Air Berlin which is 29% owned by the Gulf carrier. “Now even the German government is supporting this Lufthansa-led deal with €150m of state aid so that Lufthansa can acquire Air Berlin and drive domestic air fares in Germany even higher than they already are.”Analysts at RBC said that any move by Lufthansa would be “defensive” as it would be “blocking other more competitive airlines from expanding.” RBC has also speculated that after Air Berlin, investor focus will move to Norwegian and Alitialia.“In theory both may offer opportunity for consolidation and a more rational European backdrop,” RBC analysts noted.The idea was simple: Etihad would gain access to the lucrative German market, while Air Berlin would receive needed cash. The collapse of Germany’s second-largest airline will no doubt please its biggest, Lufthansa, and others with an interest such as TUI Group, Ryanair, and These airlines have long complained about overcapacity in the German market.

Air Berlin struggled to report healthy financials for nearly a decade before collapsing. For a long time, it wanted to be a discount airline focused on attracting leisure customers. Emirates will resume flights to Accra, Ghana and Abidjan, Ivory Coast from 6 September.
However, this positivity was short-lived, as Air Berlin made a massive loss of €315.5 million ($350 million) in the following year.By 2016, Air Berlin was in debt to the tune of €781.9 million ($867.83 million). https://skift.com/2017/08/16/air-berlins-slow-collapse-into-bankruptcy-explained Last month, when it announced earnings, it said fewer passengers were buying business class tickets because “corporate travel policies continued to encourage flyers to downgrade to Economy.” It also noted that yields — a rough measure of ticket prices – were under pressure in all cabins.American, Delta and United argue Emirates, Qatar and Etihad are stealing their passengers — especially travelers bound for India, Africa and the Middle East. In 2011, Etihad had increased its shares in Air Berlin from 2.99% to 29.1%, giving the Abu Dhabi firm the biggest share among investors.This gave the airline a glimmer of hope as it reported a profit of €6.8 million ($7.55 million) in 2012. Overall, CPH’s charges will be 10% lower from April 2018.”The new incentive scheme will mean that the charges are 35% lower for flights between CPH and regional airports such as Billund, Bornholm, Midtjylland, Sønderborg, Aalborg and Aarhus, as well as Bergen, Gothenburg, Stavanger, Vilnius and Gdansk.“We want to strengthen our hub status, so the lower prices will particularly benefit airlines that fly several times daily on the shorter routes between CPH and the regional airports. BERLIN (AP) — Bankrupt German airline Air Berlin says it's preparing to end flights at the end of October. Following Alpha Aviation Academy UAE’s awarding of a contract to MPS in March 2020 for the supply of its first simulator in the GCC, the MPS team has successfully installed the A320 Flight Simulation Training Device (FSTD) at the academy Flydubai has announced that passengers booking with Flydubai for travel between 01 September and 30 November 2020 will automatically receive free global cover for COVID-19.

The airport is currently undergoing a major expansion to create a facility with a capacity for 40m passengers a year. However, these figures dropped by nearly half to €21 million ($23.31 million) in the following year. The Italian airline In this year, Air Berlin reported a loss of €75 million ($81 million).This would become a familiar feeling for the business as seven of the following eight years saw them in the red. Last year, Air Berlin reported 781 million euros in losses, or about $916 million U.S., its eighth loss in nine years. The Irish airline might not be a great fit to acquire Air Berlin’s assets, because it flies Boeing aircraft, not Airbuses like Air Berlin. Air Berlin was forced to enter insolvency proceedings on August 15, 2017.Subsequently, a bulk of the airline’s fleet and employees were snapped up by Lufthansa in the month it ceased operations. “We already know that in 2018 we’ll be opening new routes to Hong Kong with Cathay Pacific.

As a result it now has a new regulation to cover this, although it won’t take effect until April 2019.”He said the reductions will begin from April 2018 in two specific initiatives: “Firstly, we’re reducing the charges that all airlines pay to use the airport. One basic problem: The airline never settled on a strategy. While U.S. airlines fly to few destinations in those regions, they share revenue with European airlines that do. But it never could get its costs to In recent months, it changed course, saying it would “However, Air Berlin’s business has deteriorated at an unprecedented pace, preventing it from overcoming its significant challenges and from implementing alternative strategic solutions,” Etihad said in a statement Tuesday.Etihad added that it had given up trying to prop up Air Berlin, saying it “cannot offer funding that would further increase our financial exposure.”Industry insiders were repeatedly surprised by Etihad’s investments into struggling foreign carriers. Etihad hoped the deal would help it But it hasn’t worked.


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