Air Berlin to end flights, says staff should seek jobs elsewhere
Air Berlin filed for insolvency in August and a government loan is keeping its planes in the air to give it time to negotiate with investors for parts of the business.
Talks with Lufthansa and Easyjet will continue this week and once a deal for parts of its business has been agreed Air Berlin will have to wind down the rest of the operation.
German deputy economy minister Matthias Machnig said he is confident a deal will be reached on Thursday.
"After purchase contracts have been agreed, the company must end its own operations step by step," Air Berlin said in a statement.
Air Berlin's Niki, which flies to tourist destinations, and regional airline LG Walter are not insolvent and will continue to run, the company said.
It will also continue to fly 38 planes as part of a wet lease deal, under which Lufthansa rents crewed planes from Air Berlin mainly for its Eurowings brand, until competition authorities have approved the sale of assets.
Most Air Berlin long-haul flights have already been cancelled and the remainder will end on October 15. ■