Insolvent Air Berlin's administrator sues Etihad for up 2 bln euros

Air Berlin

14/12/2018 10:15

FRANKFURT, Dec 14 (Reuters) - German airline Air Berlin's
insolvency administrator is suing Abu Dhabi' Etihad, its former
owner, for damages of up 2 billion euros ($2.26 billion), a
Berlin court said on Friday. 
    "The claims are for payment of 500 million and the
establishment that the defendant is obliged to pay further
damages. The Chamber has provisionally set the amount in dispute
at up to 2 billion euros," the court said in a statement.
    Etihad Airways decision to withdraw funding for Air Berlin
had sent the formerly second-largest airline in Germany into
insolvency. The administrator had said that Etihad did not meet
its financial obligations towards Air Berlin.  urn:newsml:reuters.com:*:nL5N1QO3OX
    


($1 = 0.8853 euros)

 (Reporting by Arno Schuetze; Editing by Maria Sheahan)
 ((arno.schuetze@thomsonreuters.com; +49.69.7565.1197; Reuters
Messaging: arno.schuetze.reuters.com@reuters.net))