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The Bankrupty Code is not broken, but it still needs to be fixed

The govt needs to make the Insolvency and Bankruptcy Code speedier, more transparent and hazard-free.

Air Berlin

Dec 16, 2019, 03.46 AM IST

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AIR BERLIN

In need of cash, Naresh Goyal may hand over Jet Airways' operational reins to Etihad

Goyal is open to his stake getting diluted to as low as 15%, depending on the extent of the cash infusion.

Lufthansa to swallow lion's share of Air Berlin's planes

So far there has been no sign of an agreement between Air Berlin and Easyjet for remaining parts of the business, nor has Lufthansa announced how much it will pay under the deal.

Air Berlin files for insolvency, Lufthansa waits in the wings

The insolvency comes as thousands of Germans are enjoying their summer holidays and just ahead of a September general election.

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