The Air Berlin airline company has been struggling for years now. They’re short on liquidity and are saddled with 800 million euros of debt. The company has twice delayed publication of its annual results. Now it is pinning its hopes on an infusion of capital, but major shareholder Etihad is only allowed to boost its shares to 49.9 percent.
The majority of shares must remain in German ownership so as to not lose traffic rights outside the EU. Marion Hütter reports on the situation at Air Berlin.