All of the ME3? Is it not rather only Etihad that went on a shopping spree, throwing train loads of money down Alitalias and Air Berlins bottomless pits?
Ryanair, in the meanwhile, has found the development much to its dissatisfaction. A complaint with the German anti-trust authority has been lodged, claiming that the present arrangement only served to allow LH to take over AB sans its debts and, therefore, was in breach of German and EU anti-trust legislation.