Friday, January 5, 2018

Insolvent Air Berlin sells its subsidiary to Thomas Cook

Air Berlin's business has continued to deteriorate at an unprecedented rate Aviation

January 4, 2018: Over the last few months, quite a few leading airlines hit the headlines for getting liquidated. In a recent development Germany's second biggest airline Air Berlin’s subsidiary Air Berlin Aviation GmbH that hit the bankruptcy buzzer couple of months ago was bought over by the British tourism group Thomas Cook. The buyout brings to an end the story of one of Europe's largest network airlines, which went belly up. It has also received approvals from t

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