Yup, airberlin just posted a 782 million loss for 2016. However, they have diversified a bit with Lufthansa having a very vested interest in that company as they operate 38 aircraft in a wetlease deal for Eurowings and Austrian. Apparently one Mr. Spohr, CEO of said Company, accompanied Mrs. Merkel on her middle east tour, especially to Abu Dhabi on the last weekend.