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Air Berlin files for insolvency after Etihad withdraws support

Air Berlin files for insolvency after Etihad withdraws support

An Airbus A320 in Air Berlin Colours. Photo Credit: B1-foto via Pixabay

Air Berlin, Germany’s second biggest airline, filed for on Tuesday after its main shareholder, Abu Dhabi-based , withdrew financial aid for the loss-making carrier.
The move by the struggling airline forced the German government to step in to provide it with a temporary credit of 150 million euros (176 million dollars) to help it continue operating.
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