Cargologicair sells off remaining stock and redundant staff can be paid
The remaining stock of Cargologicair, still under administration, is soon to be sold. The formerly ...
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By Alex Lennane
Bad news for Etihad: it is being sued for damages of up to €2bn by airberlin’s administrators. They claim Etihad had agreed to “provide airberlin with the necessary support for the next 18 months in order to enable its subsidiary to meet its financial obligations”.
However, it added, Etihad withdrew its support in August 2017, resulting in airberlin’s bankruptcy. Etihad has vowed to fight the claim, which it says is without merit, “vigorously”, reports ATW.
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