On Monday 4 September, the European Commission cleared a bridging loan of €150 million provided by the German authorities to Air Berlin, to organise the orderly liquidation of the company.
Following the withdrawal of the financial support of Ethiad, Air Berlin's largest shareholder, the German authorities notified the Commission on 15 August of their plans to grant bridge financing of up to €150 million over the coming months to the loss-making airline. This measure aims to ensure that...