BERLIN (Reuters) - German Chancellor Angela Merkel is backing loss-making Air Berlin in a dispute over whether its Abu Dhabi-based partner Etihad is exercising too much control, Focus magazine reported on Saturday. Etihad, which owns a 29 percent stake in Air Berlin, is under investigation by German and European authorities over its partnership with Germany's second largest airline after Lufthansa. For Air Berlin to maintain its European operating license, it must be majority controlled by European investors. ...
from Business News Headlines - Yahoo! News http://news.yahoo.com/merkel-behind-air-berlin-etihad-control-dispute-report-142140192--finance.html
via IFTTT
No comments:
Post a Comment