August 29, 2017 / 1:40 PM / a year ago

Germania asks court to block government bridge loan to Air Berlin

FRANKFURT (Reuters) - German airline Germania has asked a court to block the German government from providing Air Berlin AB1.DE with a 150 million euro ($180.5 million) bridge loan before the European Commission has given its approval, the Berlin court said on Tuesday.

The regional court said in a statement it would hold a hearing on the matter on Sept. 15.

Air Berlin, Germany’s second-largest airline, filed for bankruptcy protection this month after shareholder Etihad Airways withdrew funding following years of losses. It will now be carved up among investors, with bids due by mid-September.

Reporting by Maria Sheahan; Editing by Tom Sims

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