		<div class="wpcnt">
			<div class="wpa">
				<span class="wpa-about">Advertisements</span>
				<div class="u top_amp">
							<amp-ad width="300" height="265"
		 type="pubmine"
		 data-siteid="111265417"
		 data-section="2">
		</amp-ad>
				</div>
			</div>
		</div><p>The European Union competition watchdog has approved Germany&#8217;s plan to provide troubled low-cost carrier Air Berlin with a €150m loan.</p>
<p>The European Commission, which polices EU state aid rules, said the loan &#8220;will allow for the orderly wind-down of the insolvent airline Air Berlin without unduly distorting competition&#8221;. The Commission also said the move would help protect the interests of air travellers.</p>
<p>Air Berlin, Germany&#8217;s second-largest carrier, said last month that it was filing for bankruptcy after its main shareholder, Abu Dhabi-based Etihad, decided to cut its financing.</p>
<p>To allay travellers&#8217; fears they might be stranded on summer holiday, the government announced that it would provide a loan so the airline could continue flights for the time being.</p>
			<div style="padding-bottom:15px;" class="wordads-tag" data-slot-type="belowpost">
				<div id="atatags-dynamic-belowpost-68ed3b792ac03">
					<script type="text/javascript">
						window.getAdSnippetCallback = function () {
							if ( false === ( window.isWatlV1 ?? false ) ) {
								// Use Aditude scripts.
								window.tudeMappings = window.tudeMappings || [];
								window.tudeMappings.push( {
									divId: 'atatags-dynamic-belowpost-68ed3b792ac03',
									format: 'belowpost',
								} );
							}
						}

						if ( document.readyState === 'loading' ) {
							document.addEventListener( 'DOMContentLoaded', window.getAdSnippetCallback );
						} else {
							window.getAdSnippetCallback();
						}
					</script>
				</div>
			</div>
Discover more from London Glossy Post
Subscribe to get the latest posts sent to your email.
