Etihad aquires big stake in Air Berlin

[safelife]

Etihad aquires big stake in Air Berlin, has now potential to develop a huge competition to Europe's most successful major, Lufthansa:

gulfnews : Etihad Airways becomes airberlin's biggest single shareholder (http://gulfnews.com/business/aviation/etihad-airways-becomes-airberlin-s-biggest-single-shareholder-1.953561)

[ODMEA]

So what does this mean that EY is heading back towards Oneworld with its AA and now Air Berlin marriages? yet they have partnerships with Virgin Group. They are grabbing any straw they can it seems.

[surely not]

ODMEA what is yr gripe with the Gulf state carriers? Have you been offloaded, refused carriage, thrown out of one of their frequent flyers club or something?

The Air Berlin share purchase makes good sense and should ensure they can expand their route structure in Germany without getting the flack that EK does cos they will be helping preserve German jobs at the same time as growing their network.

[glofish]

in an ops that has some serious cash-flow issues.

Well, it's because of the similarities.

They are very expert in such issues themselves.
A lot of cash out, not that much cash in.

You should only buy stakes or take-over companies with similar mentalities.

[Icarus]

Not all they are spending their money on..

Arabian Aerospace - Etihad seals $1bn tech deal with Sabre (http://www.arabianaerospace.aero/etihad-seals-1bn-tech-deal-with-sabre.html)