Airlines Condor and Eurowings plan to provide flights to the Caribbean from Duesseldorf, meeting demand from Germans seeking winter sunshine after cancellations by insolvent Air Berlin, Reuters reported. Air Berlin filed for bankruptcy protection in August after major shareholder Etihad pulled the plug on funding. It has been forced to scrap long-haul flights from its two bases of Duesseldorf and Berlin after a leasing company asked for its planes to be returned.

In a related story, tour operator TUI’s airline TUIfly is seeking to cut its costs by at least 30 million euros ($36 million) as it prepares to take back aircraft it has leased out to insolvent Air Berlin’s Austrian unit Niki, a German paper reported. Some 20 million euros of savings are to come from more flexible working hours for its nearly 500 pilots, daily Hannoversche Allgemeine Zeitung said late on Monday, citing company sources, Reuters reported.

British Airways owner IAG has joined the field of bidders for parts or all of insolvent German airline Air Berlin, two people familiar with the matter told Reuters on Monday. Lufthansa and several other parties had put in bids for parts of Air Berlin by the deadline of Friday set by the insolvency administrator, Reuters reported. Air Berlin is Germany’s second-biggest airline after Lufthansa. It employs more than 8,000 people.

What’s in a word? A lot when it comes to the term “liquidity.” For years, academics, investors and regulators have sparred over the meaning of liquidity, and the degree to which it’s said to have deteriorated in the marketplace, Bloomberg News reported. For many, it’s simply the ability to sell an asset without significantly affecting its price. To others it’s the hallmark of a healthy market, or the symptom of a disease brought on by “easy money” provided by central banks in the years since the financial crisis.

Lufthansa and several other parties had put in bids for parts of Air Berlin by the deadline of Friday set by the administrator of the insolvent airline which employs more than 8,000 people, Reuters reported. Germany’s second-biggest airline after Lufthansa filed for bankruptcy last month after major shareholder Etihad Airways withdrew funding following years of losses. The country’s coalition government led by Chancellor Angela Merkel, who is seeking a fourth term in a federal election on Sept.

Volkswagen will recall 4.86m vehicles sold in China over airbag problems, marking the latest blow for the German carmaker that has suffered numerous quality and distribution issues in the Asian country this year. VW will recall vehicles equipped with airbags manufactured by the now-bankrupt Japanese automotive parts maker Takata, according to a notice posted by China’s consumer inspection bureau, the Financial Times reported. The recall will apply to both imported and Chinese-made vehicles sold as early as 2005 and take effect in March 2018.

A new vehicle linked to Lars Windhorst has raised a €500m bond intended to help the flamboyant German financier settle outstanding lawsuits and repay existing debts, as he tries to keep his heavily indebted business empire afloat, the Financial Times reported. Over the past 18 months Mr Windhorst has been engaged in legal battles involving at least €220m with several investors — including Ukrainian-born billionaire Len Blavatnik — over amounts owed under financing agreements in his complex web of funding vehicles.

Former motor racing driver Niki Lauda will table an offer for parts of insolvent airline Air Berlin together with Thomas Cook’s German carrier Condor, Lauda told Austrian newspaper Kurier on Wednesday. Lauda holds 51 percent of the consortium which will bid for 21 Airbus A320 and A321 planes of Air Berlin’s subsidiary Niki - formerly owned by Lauda - as well as 17 additional aircraft flying under the Air Berlin banner, according to Kurier’s online edition.

German Labour Minister Andrea Nahles said on Wednesday it is “completely unacceptable” for pilots at Air Berlin to put the airline’s fate at risk by calling in sick in unusually high numbers, Reuters reported. Air Berlin, Germany’s second-biggest airline, is set to be carved up, most likely among several buyers, with binding offers due this Friday. “I think Air Berlin is in a decidedly difficult situation at the moment and the pilots, with their behavior, are putting at risk a reasonable handover or sale. That is unacceptable,” Nahles told Reuters in a television interview.

Insolvent German airline Air Berlin has attracted buyer interest from China’s LinkGlobal Logistics, which is likely to join a growing list of suitors, German newspaper Bild said on Wednesday. The paper said LinkGlobal, which operates German regional airport Parchim, expressed its intention of making a bid to the airline’s administrator in a letter dated Aug. 31 from LinkGlobal’s managing director Jonathan Pang, Reuters reported. LinkGlobal pledged to hand in a bid by the Sept. 15 deadline, according to the letter, a copy of which Bild said it had obtained.