Etihad Airways (EY) will have a significant hand in the management of Air Berlin (AB), in which it is the largest single shareholder following an increase in its holding to 29.21% late last year.
Etihad Airways (EY) will have a significant hand in the management of Air Berlin (AB), in which it is the largest single shareholder following an increase in its holding to 29.21% late last year (ATW Daily News, Dec. 20, 2011). EY president and CEO James Hogan, who will serve as vice chairman of AB's board, said the Abu Dhabi-based airline had "in fact been tracking Air Berlin for some time" and decided to make a strategic play to gain a foothold in Germany and ...
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