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3 January 2017

Sale of further airberlin assets

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."

 

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