airberlin ending all flights

Airberlin Files for Bankruptcy as Key Shareholder Stops Funding

By Stephen Fuchs on Email @StephenWFuchs

After making several attempts to turn the airline around, German budget airline airberlin announced on Tuesday that it would be filing for bankruptcy after its largest shareholder and key financier, Etihad Airways, said it would no longer help finance the company. Etihad, based in Abu Dhabi, has served as the lifeline for airberlin …

Sources: Financial Times, AP

Photo: airberlin

Stephen Fuchs
Stephen founded German Pulse and LGBT Germany out of a passion to introduce Americans to a Germany that goes beyond beer and polka (although with enough beer he has been known to polka it up a bit). He's a coffee addict, lover of wine and good times, a hit in the kitchen and editor of TV commercials. You can follow him on Twitter (@StephenWFuchs) to find out a lot more.
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