There are tons of incredible things to see on a visit to Japan. Seth appears set to do roughly zero of them next week. Instead he’s flying around on a handful of Japanese LCCs. And he tries to explain why.
Also in this episode:
- Is the 767 returning to service as a passenger plane? Boeing is rumored to be bringing it back around 2020, likely for United Airlines.
- A bunch of airlines are shuffling ops at LaGuardia to operate more efficiently during the construction. That’s good and bad news, depending on which airline and lounges you’re a fan of.
- SFO has a ton of cool art in the airport. Always.
- Air Berlin is suing Etihad for stupid reasons
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AirBerlin is not dead yet, it’s shares can still be traded at the stock exchange (albeit as a penny stock). Insolvency proceedings may take years as AirBerlin may still have claims against others in its balance sheet. The administrator is now legally required to enforce those claims to better the situation for the creditors of AirBerlin. EY gave a letter of support towards AB in May 2017: “The German company published a record loss for 2016 last month, and Etihad granted the airline 350 million euros in new funds plus a letter of support promising to cover its financial obligations for the next 18 months.” (source: https://www.bloomberg.com/news/articles/2017-05-26/etihad-said-close-to-hiring-bank-to-weigh-air-berlin-stake-sale). But they pulled their support after only three months. So maybe the administrator is trying to enforce the letter of support?
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