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Air Berlin to split into two
(MENAFN) According to German magazine Focus reporting senior managers of Air Berlin, the company's management is looking to split the group into two, The Peninsula Qatar reported.
The company's Senior Vice-President said that the German-based carrier could be divided into a unit that offers traditional scheduled flights and another that flies to tourist destinations.
German's second airline company previously announced examining different options, including its business model, as it prepares to launch a fundamental restructuring aiming at restoring the losses.
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