Is Etihad Airways About to Take Control of Air Berlin?

The BBC is reporting that Etihad Airways could be poised to take control of European budget carrier Air Berlin, in which it already has a major stake. Air Berlin was due to publish results on Thursday morning, but has postponed the announcement pending talks on “strengthening its finances”. A deal with Etihad would be the latest aggressive move by the Gulf airline into the European market – a trend that has European rivals increasingly worried.

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