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According to information from the insolvency administrator "Bild am Sonntag", Lucas Flöther is about to enter into a contract with a litigation financier, who bears the costs of the plaintiffs. This would have the creditors decided Friday. The insolvency administrator has not commented on it. "We do not comment," Flöthers spokesman Christoph Möller said on Sunday. According to the newspaper, the creditors' commission expects to pay between 10 and 30 million euros in court fees.
Since 2012, the national airline of the United Arab Emirates holds 29.2% of Air Berlin. She has provided the company several times with fresh money and guaranteed access to the German market through the investment. Not later than in April 2017, the largest shareholder of the second largest German airline has pledged additional support of at least 18 months in a letter of support. However, in August 2017, Air Berlin declared bankruptcy after Etihad excluded other liquidity injections. / Hro / DP / men
(AWP)
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