(MENAFN- AFP) Air Berlin, Germany's number two airline, said Tuesday it has reached an out-of-court settlement for an undisclosed sum in its dispute over the delayed opening of the new Berlin airport.
The carrier had been claiming 48 million euros ($65 million) in compensation from the company in charge of the construction of the German capital's new airport, Flughafen Berlin Brandenburg GmbH (FBB).
The opening of a new international airport is now two years behind schedule and has become a multi-billion-euro planning disaster -- and running joke for many Berliners.
"Air Berlin and Berlin Brandenburg GmbH airport operators have agreed an out-of-court settlement in the compensation claim based on the postponement of the opening of Berlin Brandenburg airport BER in 2012," the airline said.
"Air Berlin has therefore withdrawn its claim before the regional court of Potsdam. Both parties have agreed not to disclose details of the settlement."
The planned June 3, 2012 inauguration of the new hub known as BER was to replace two smaller airports, Tegel and Schoenefeld, vestiges of the city's Cold War division.
The current head of FBB is Hartmut Mehdorn, who was chief of Air Berlin at the time when the carrier filed its claim for compensation.
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