Air Berlin PLC & Co. Luftverkehrs KG ("airberlin") has sold the shares of its 100% subsidiary, Air Berlin Aviation GmbH ("Aviation"), to Thomas Cook Group Airlines PLC. airberlin's Creditors' Committee has already agreed the sale.
airberlin's Chief Representative, Frank Kebekus, said: "Following the sale of airberlin's shares to Lufthansa and easyJet, we've also now found a buyer for Aviation AOC which is in the process of being established. This is good news for airberlin's insolvency proceedings."
airberlin Corporate Communications
Tel.: + 49 30 3434 1500
Fax: + 49 30 3434 1509