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Etihad takes close look at Air Berlin stake

26 December 2008

Etihad Airways, based in Abu Dhabi, UAE, is considering an investment in Air Berlin, Germany’s second-largest airline.

The┬ácompany’s senior management has been intensively studying the idea for several weeks; no decision has been made.

The German carrier has a well-established, dense and non-centered European and domestic network currently served by a fleet of 112 aircraft. Its biggest bases are Duesseldorf and Berlin — two airports that Etihad does not serve. To a limited degree, Air Berlin could feed Etihad’s Munich services and to an even lesser degree its Frankfurt departures. Slot constraints make reshaping of the network difficult to achieve.


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