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Source: Air Berlin to set up regional subsidiary

Air Berlin will establish a regional subsidiary as part of its restructuring process, according to sources.

FlyNiki Airbus A320. By Kurt Hofmann Air Berlin will establish a regional subsidiary as part of its restructuring process, according to sources. Its fleet would include 10 Bombardier Dash-8 Q400s and seven Embraer E-190s, to be transferred from Austrian-based low-cost partner FlyNiki to Air Berlin in exchange for Airbus A320 family aircraft. CCO Paul Gregorowich confirmed to ATW that all seven Embraer aircraft will remain within the Air Berlin Group, without giving details. A source ...

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