German carrier Air Berlin has filed for insolvency “after its main shareholder Etihad declared it would not be providing further financial support,” BBC reports. The airline, Germany’s second-largest carrier, reported a record loss of EUR 782 mn in 2016. Air Berlin flights will continue using a EUR 150 mn loan from the German government. Lufthansa is now reportedly in talks to buy part of the Air Berlin Group. Air Berlin flies to Egyptian holiday destinations including Hurghada and Marsa Alam.

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