airberlin says no to German government guarantees
Speculations about AirBerlin seeking guarantees by the German government to assure operation turned out to be not necessary. Airberlin’s management has decided not to apply for a government guarantee. CEO Thomas Winkelmann said: ‘We had made a preliminary application for a surety as part of management’s pre-emptive strategy of investigating all restructuring options for airberlin. […]
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