Airlines Thomas Cook acquires Air Berlin Aviation GmbH
Thomas Cook has acquired Air Berlin Aviation GmbH, an affiliate of the former German carrier.
Lufthansa, IAG and Thomas Cook were expected to acquire parts of the bankrupt German carrier Air Berlin after their insolvency in 2017. Now, some months later all three companies seem to get a part of the former carrier.
Leisure travel group Thomas Cook has acquired the affiliate Air Berlin Aviation GmbH. Thomas Cook will take over the entire operating license, including the application for a German AOC and the nationality clause. The committee of creditors has agreed to the deal.
Air Berlin Aviation GmbH is still in the process of being set up. According to German media, the airline will receive its AOC in the next weeks and will commence operations with six Airbus A321 aircraft from German airports. The new carrier should support the existing German Thomas Cook airline Condor on short and medium haul flights. Condor plans to increase its capacity in Germany in 2018 by 20% compared to the last year.
German media reports that the leisure travel group did not acquire any slots from Air Berlin. As the planned distribution of slots from the former Air Berlin is under investigation by the European competition authorities, it could be possible that Thomas Cook may receive slots in Dusseldorf and Berlin.
Air Berlin Aviation GmbH was founded in 2017 and was planned as a new concept to migrate operations from the bankrupt Air Berlin to interested buyers.
Thomas Cook is a British global travel company with airline subsidiaries in the UK (Thomas Cook Airlines), Spain (Thomas Cook Balearics), Scandinavia (Thomas Cook Scandinavia) and Germany (Condor).
Condor currently operates a fleet of 16 Airbus A320 family aircraft, including ten A320 and six A321 aircraft, ten Boeing 757-300 and 16 Boeing 767-300ER.
Source © Thomas Cook