Air Berlin could be fully acquired by Etihad
Air Berlin, a German airline, could be fully acquired by its minority partner Etihad, Rheinische Post reported. The German daily cited unnamed industry experts who said a full takeover by Etihad is a possibility.
Air Berlin yesterday announced it is currently in advanced discussions on options, which, if implemented, would have a substantial effect of the company. As such, the company postponed its annual press conference as well as the analysts and investors conference from 20 March to 27 March 2014.
Source Rheinische Post