Air Berlin creditors plan to sue Etihad Airways for damages- source | ZAWYA MENA Edition:
"Creditors of insolvent Air Berlin AB1.DE have decided to sue former parent Etihad Airways for damages over its decision to withdraw funding in August, which sent Germany's second-largest airline into administration, a person close to the matter said.
The creditors have asked the administrator to find a firm to finance the planned litigation, the person also said. Air Berlin and the administrator declined to comment. Abu Dhabi-based Etihad was not immediately available for comment.
The administrator had said he was assessing possible claims against Etihad that could potentially reach more than 1 billion euros, arguing that Etihad did not meet its financial obligations towards Air Berlin, once Germany's No.2 carrier. "
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