Air Berlin is expecting a difficult 2017, Chief Executive Thomas Winkelmann told its annual general meeting in London on Wednesday.
Winkelmann said he was also sure leisure airline Niki would find new partners in the coming months, after key Air Berlin shareholder Etihad backed out of a plan to create a leisure airline joint venture (JV) with TUI.
Etihad has said it still plans to take Air Berlin's stake in leisure airline Niki, which had been due to go into the JV.
Air Berlin Chief Financial Officer Dimitri Courtelis said 2017 would be a transitional year, but the company was targeting positive EBIT in 2018.
The German government is examining a request for loan guarantees for loss-making Air Berlin , a spokeswoman for the German Economy Ministry said on Wednesday.
She SAID that presenting a "sustainable concept the future" was key to getting such a guarantee.
Air Berlin's CEO said that details of a request by the German airline for loan guarantees are "confidential".
Subscribe to UzReport.uz
in Telegram, to be the first to know about the main news and important events of the day.