|Bid||0.42 x 79000|
|Ask||0.42 x 125600|
|Day's Range||0.41 - 0.43|
|52 Week Range||0.24 - 1.39|
|PE Ratio (TTM)||-0.05|
|Earnings Date||Aug 7, 2017 - Aug 11, 2017|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Airlines Condor and Eurowings (LHAG.DE) plan to provide flights to the Caribbean from Duesseldorf, meeting demand from Germans seeking winter sunshine after cancellations by insolvent Air Berlin (AB1.DE). Air Berlin filed for bankruptcy protection in August after major shareholder Etihad pulled the plug on funding. It has been forced to scrap long-haul flights from its two bases of Duesseldorf and Berlin after a leasing company asked for its planes to be returned.
Air Berlin said it had received several bids from interested parties on Friday, as the race to acquire the most desirable assets of the insolvent German carrier entered the final phase. Rival airlines ...
Lufthansa and several other parties had put in bids for parts of Air Berlin by the deadline of Friday set by the administrator of the insolvent airline which employs more than 8,000 people. Germany's second-biggest airline after Lufthansa filed for bankruptcy last month after major shareholder Etihad Airways withdrew funding following years of losses.