By Andy Sambidge
Airline says it has reached out of court settlement with operators of the delayed Berlin Brandenburg Airport
Etihad-backed Air Berlin and the operators of Berlin Brandenburg airport said on Tuesday they have agreed an out-of-court settlement in the compensation claim based on the postponement of the opening of Berlin Brandenburg airport in 2012.
Air Berlin, in which Etihad Airways holds a stake of more than 29 percent, said it has therefore withdrawn its claim before the regional court of Potsdam.
Both parties have agreed not to disclose details of the settlement, a statement said.
Originally planned to open in 2010, the Berlin Brandenburg Willy Brandt Airport, which is still under construction, has already been delayed twice.
The government-backed airport was to replace Berlin’s three existing airports and was to be the main hub for Air Berlin, Germany’s second biggest airline.
The delayed opening has heaped further costs on the loss-making carrier, which flies to 171 destinations worldwide each year and carried more than 31.5 million passengers in 2013.