Etihad Airways is to increase its stake in Air Berlin to 29.21%, which will make it the largest single shareholder in the German carrier. For Air Berlin, this could seem an angelic feat as they are in the middle of a restructuring programme. They are increasing their stake by 2.99%, at a cost of €2.31 ($3) per share. Eithad will also invest up to to $255 million in Air … [Read more...]
AB: Route cuts ahoy, CEO falls on sword.
When a carrier announces it's having a "shape and size" rethink, you know there's a major reorganisation afoot. And alas, it's Air Berlin who is doing this. In an effort to turn around the airline and return it to profitability, routes are be cancelled left right and centre including Munster - London Onasbruck - London Hanover - London Paderborn - London Paderborn - … [Read more...]
Air Berlin 737-800 copies Ryanair… skids off Taxiway
We'll be doing a mini catchup over the next couple of days. Lots been happening - me mostly sleeping through it. I'm also in the middle of planning my next trip at the mo - a post on that later. An Air Berlin Boeing 737-800 Flight AB2450 departing Dortmund (Germany) to the to Las Palmas, Canary Islands (Spain) overran the runway during takeoff, and ended up at the … [Read more...]
Welcome!
Welcome to GhettoIFE.com! I'm your host - Kevin - and I'll be here to guide you through the maze of modern travel, and hopefully add some insightful comment and humour. With GhettoIFE getting on for 2 years old, I've had a bit of a design refresh, and tidied up, so for older viewers who make it here - yes, it's the same content will all the usual sarcasm as always. As … [Read more...]
