Airberlin has decided not to apply for a government guarantee, because the company is making good progress with its restructuring. CEO Thomas Winkelmann said in a statement: “We had made a preliminary application for a surety as part of management’s pre-emptive strategy of investigating all restructuring options for airberlin. However, we have at no point made a binding application for a surety, and will not do so.” The German carrier said it has already achieved cost ...

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