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German businessman Alexander Skora joins bidding for Air Berlin
September 4, 2017 / 9:02 AM / 20 days ago

German businessman Alexander Skora joins bidding for Air Berlin

FRANKFURT (Reuters) - German businessman Alexander Skora is bidding for Air Berlin (AB1.DE) with unidentified international investors and aims to keep it flying with a limited route network, he said in a statement on Monday.

“I mean routes such as Majorca and other selected destinations,” he said.

Under his proposal, Lufthansa (LHAG.DE) would take over Air Berlin’s long-haul routes and easyJet (EZJ.L) other European routes, the statement said.

Air Berlin, Germany’s second-largest airline, filed for bankruptcy protection in August after shareholder Etihad Airways withdrew funding following years of losses.

Reporting by Maria Sheahan; Editing by Mark Potter

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