Etihad increases stake in Air Berlin to 30%
Dec 19, 2011, 6:01 am
#1
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Etihad increases stake in Air Berlin to 30%
FRANKFURT, Dec 19 (Reuters) - Etihad Airways threw
a lifeline to ailing Air Berlin and gained access to more European routes by raising its stake in the German airline to 30 percent and lending it $255 million.
http://www.lse.co.uk/FinanceNews.asp...den_Air_Berlin
a lifeline to ailing Air Berlin and gained access to more European routes by raising its stake in the German airline to 30 percent and lending it $255 million.
http://www.lse.co.uk/FinanceNews.asp...den_Air_Berlin
Dec 19, 2011, 10:02 am
#3
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According to that article above, they will still join OW as planned next year (April 2012 seems to be the planned date - though it may slip to June to coincide with the move to Berlin Brandenburg International airport).
The press release on the Etihad website also states:
"airberlin has signed up for membership to the global airline alliance oneworldŽ and is expected to become a full member by spring 2012."
Edit: you probably meant Etihad joining OW? Etihad is probably still a long way off joining any alliance - I wouldn't think this would have any immediate impact, and might not necessarily sway them towards OW. Besides - if, as has been rumoured, Etihad is involved with Virgin's attempt to buy bmi from Lufthansa, then they may also find themselves dabbling with ownership of a *A airline. Though this deal with Air Berlin might be enough deal making for them for now.
The press release on the Etihad website also states:
"airberlin has signed up for membership to the global airline alliance oneworldŽ and is expected to become a full member by spring 2012."
Edit: you probably meant Etihad joining OW? Etihad is probably still a long way off joining any alliance - I wouldn't think this would have any immediate impact, and might not necessarily sway them towards OW. Besides - if, as has been rumoured, Etihad is involved with Virgin's attempt to buy bmi from Lufthansa, then they may also find themselves dabbling with ownership of a *A airline. Though this deal with Air Berlin might be enough deal making for them for now.
Jan 6, 2012, 6:48 am
#4
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Airberlin and Etihad
Ethiad
On the 15th of January .. cooperation between both FFPs, topbonus and Etihad Guest, with the following benefits:
* Collect and redeem topbonus award miles on all flights with Etihad Airways
* Collect topbonus status miles on all flights with Etihad Airways
* Priority check-in for top tier members
* Excess baggage allowance for top tier members
^ ^ ^
even on video
On the 15th of January .. cooperation between both FFPs, topbonus and Etihad Guest, with the following benefits:
* Collect and redeem topbonus award miles on all flights with Etihad Airways
* Collect topbonus status miles on all flights with Etihad Airways
* Priority check-in for top tier members
* Excess baggage allowance for top tier members
^ ^ ^
even on video
Jan 17, 2012, 4:29 am
#6
Moderator, SkyTeam and Germany
Join Date: Sep 2001
Location: FRA/STR/NUE
Programs: BA, LH, KL, EY, IHG, Marriott, Hyatt, Hilton, Radisson
Posts: 5,946
Flights between TXL and AUH on AB started on Jan 15, 4x per week
Flights leave TXL at 21:35 on Tuesdays, Thursdays, Fridays, Sundays and arrive AUH the next morning at 6:35.
Flights leave AUH at 8:20 on Mondays, Wednesdays, Fridays, Saturdays and arrive at TXL at 12:00 noon.
Aircraft is A332.
I checked the flights for the next two weeks and every booking class is open with 9+ seats available.
Fares are very attractive for TXL-AUH, even on short term bookings and even one-way:
AB W oneway: 44 Euro + tax
AB W return: 138 Euro + tax
AB I (biz) oneway: 834 Euro + tax
AB I return: 708 Euro + tax
Similar fares in eco return on the EY codeshare, otherwise much more expensive on EY.
On days without the nonstop, routing is offered with EY longhaul and AB connector via FRA, MUC, DUS, MXP, LHR and interestingly the same low booking classes (and fares) are available for the next two weeks on almost every of these flights...
Flights leave TXL at 21:35 on Tuesdays, Thursdays, Fridays, Sundays and arrive AUH the next morning at 6:35.
Flights leave AUH at 8:20 on Mondays, Wednesdays, Fridays, Saturdays and arrive at TXL at 12:00 noon.
Aircraft is A332.
I checked the flights for the next two weeks and every booking class is open with 9+ seats available.
Fares are very attractive for TXL-AUH, even on short term bookings and even one-way:
AB W oneway: 44 Euro + tax
AB W return: 138 Euro + tax
AB I (biz) oneway: 834 Euro + tax
AB I return: 708 Euro + tax
Similar fares in eco return on the EY codeshare, otherwise much more expensive on EY.
On days without the nonstop, routing is offered with EY longhaul and AB connector via FRA, MUC, DUS, MXP, LHR and interestingly the same low booking classes (and fares) are available for the next two weeks on almost every of these flights...