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Etihad mulls Air Berlin stake

Etihad Airways is considering taking a stake in Air Berlin, according to Munich's Suddeutsche Zeitung, which cited sources from several unidentified banks. The size of the stake was not revealed. EY management has been studying the plan for weeks but has yet to come to a decision, the paper reported. It currently serves both Munich and Frankfurt, but AB does not serve the Middle East. AB's capitalization is approximately €281million.

Separately, EY was awarded the right to operate a five-times-weekly Abu Dhabi-Tokyo Narita service beginning in March.


 

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As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

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As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

To find out about obtaining additional data – including the most comprehensive details on organizations, fleets, personnel and programs – click here or call +1.561.279.4661.