Air Berlin: Flöther wants to sell Etihad claims

Airbus A320 (V1Images.com/Shaun Grist).
Airbus A320 (V1Images.com/Shaun Grist).

Air Berlin: Flöther wants to sell Etihad claims

Airbus A320 (V1Images.com/Shaun Grist).
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Some time ago, Air Berlin's insolvency administrator Lucas Flöther filed a claim for damages against Etihad Airways. The process has to be conducted in London and is apparently only progressing slowly. Now the lawyer wants to sell possible claims in the amount of at least 500 million euros.

According to the announcement, this is intended to speed up the process for creditors. Speculators could pay a certain sum to the bankruptcy estate and get the claim asserted against Etihad Airways assigned. This means that the litigation risk is passed on to the buyer.

In his function as insolvency administrator, Lucas Flöther is also bringing proceedings against former members of the Air Berlin board and their D&O insurance companies, as well as against the auditor KPMG. To what extent these proceeds will benefit the masses is still completely open. Recently it became known that against a subsidiary of Deutsche Börse AG was also taken to court.

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Editor of this article:

Jan Gruber is Senior Editor at Aviation.Direct. Before that, he had held the same position at AviationNetOnline (formerly Austrian Aviation Net) since 2012. He specializes in low-cost carriers, regional aviation in the DA-CH region and in-depth research.

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About the editor

Jan Gruber is Senior Editor at Aviation.Direct. Before that, he had held the same position at AviationNetOnline (formerly Austrian Aviation Net) since 2012. He specializes in low-cost carriers, regional aviation in the DA-CH region and in-depth research.

Nobody likes paywalls
- not even Aviation.Direct!

Information should be free for everyone, but good journalism costs a lot of money.

If you enjoyed this article, you can check Aviation.Direct voluntary for a cup of coffee Coffee trail (for them it's free to use).

In doing so, you support the journalistic work of our independent specialist portal for aviation, travel and tourism with a focus on the DA-CH region voluntarily without a paywall requirement.

If you did not like the article, we look forward to your constructive criticism and / or your suggestions for improvement, either directly to the editor or to the team at with this link or alternatively via the comments.

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