NEWS Ryanair’s CEO interested in buying all of Air Berlin

Ryanair would be interested in bidding for the whole of insolvent German carrier Air Berlin, but it needs access to more data on the airline’s finances, Chief Executive Michael O’Leary told Reuters.

“We would be very happy to bid for the whole of Air Berlin, which is generally a short-haul, domestic, intra-EU carrier,” O’Leary said by telephone.

“But we don’t know how much restructuring it will take, how much money is it losing, why is it losing so much money in a market where we make money,” he said.

Air Berlin CEO Thomas Winkelmann however was quoted in an interview with Handelsblatt daily as saying the “data room” giving details on its finances had been open since May, when it first said it was looking for partners.

More on Reuters

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