Friday, 20 January 2017

Etihad, Lufthansa In Talks To Merge Airlines: Report

Milan: Germany's Lufthansa and Etihad Airways are in talks to possibly merge the two airlines, Italian daily Il Messaggero said in an unsourced report on Tuesday.

According to the paper, managers from both companies have for weeks been examining the possibility of Etihad taking a 30-40 per cent stake in Lufthansa via a capital increase reserved for the Abu Dhabi state-owned airline.