German bridge loan for Air Berlin not paid out yet: Economy Ministry

Reuters  |  BERLIN 

(Reuters) - The German government's bridge to insolvent airline has not yet been paid but there is no delay to the schedule, a spokeswoman for the Economy Ministry said on Friday.

"The technical implementation of payment is ongoing. Everything is going according to plan," she said, declining to provide details.

The agreed in mid-August to provide a 150 million euro ($179 million) to ensure that flights continue for a period of three months and to return holidaymakers to Germany and secure thousands of jobs.

(Reporting by Gernot Heller; Writing by Maria Sheahan; Editing by Keith Weir)

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First Published: Fri, September 01 2017. 16:14 IST