Etihad aquires big stake in Air Berlin
Thread Starter
Etihad aquires big stake in Air Berlin
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
gulfnews : Etihad Airways becomes airberlin's biggest single shareholder
Join Date: Mar 2007
Location: 39000 FT
Posts: 158
Likes: 0
Received 0 Likes
on
0 Posts
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.
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.
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.
Join Date: Sep 2011
Location: earth
Posts: 1,098
Likes: 0
Received 0 Likes
on
0 Posts
in an ops that has some serious cash-flow issues.
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.
Join Date: Jun 2001
Location: Intentionally Left Blank
Posts: 382
Likes: 0
Received 0 Likes
on
0 Posts
Not all they are spending their money on..
Arabian Aerospace - Etihad seals $1bn tech deal with Sabre
Arabian Aerospace - Etihad seals $1bn tech deal with Sabre