A $2.26 billion lawsuit against Etihad from Air Berlin’s insolvency administrator “is without merit”, an airline spokesperson said on Sunday.
On Friday, it was announced that administrator Lucas Floether asked judges to award the former operator $565 million (€500m) and a ruling that further compensation is required.
The court placed a provisional value of up to $2.26bn (€2bn) on the case, the Berlin regional court said in a statement.
According to Floether, Etihad went back on an April 2017 agreement to support Air Berlin – which had owned 29.2 percent of the airline since 2011 – for the following 18 months.
In a statement sent to Arabian Business, however, an Etihad spokesperson vowed that the airline will fight the case.
“We believe that the claim is without merit and will defend ourselves vigorously against it,” the spokesperson said. “Furthermore, we will not comment publicly on this issue at this time.”
Air Berlin went bust after Etihad Group withdrew its support in August 2017.For all the latest transport news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
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