FRANKFURT May 25 Air Berlin's
management is considering splitting the group in two, German
magazine Focus reported on Sunday, citing remarks by one of the
company's senior managers.
Air Berlin could be divided into a unit that offers
traditional scheduled flights and another that flies to tourist
destinations, the magazine reported, citing senior vice
president Detlef Altmann as saying such plans were being
Air Berlin was not immediately available for comment.
The company, Germany's No.2 airline after Lufthansa
, earlier this month said it was looking at all
options, including its business model, as it prepares to launch
a fundamental restructuring aimed at restoring the loss-making
airline to profitability.
Air Berlin, in which Gulf carrier Etihad owns a 29.2 percent
stake, has reported annual losses for five out of the past six
years after rapid expansion left it saddled with debt.
Focus did not provide details on how splitting the company
up would help improve its performance.
(Reporting by Christoph Steitz and Patricia Weiss; Editing by