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Texas Attack Again Marks Trump, Western Mediaís Double Standards             NATO Chief Stresses on Political Reforms in Afghanistan            Attack on TV shows Taliban, ISIS opposition to freedom of speech: Dostum             Ghani and pence discuss US strategy impact on Afghanistanian forces and Taliban             Iranians hold rallies to mark US embassy takeover            Mexico declares 1.5 billion barrel oil discovery             Lebanese PM Hariri resigns after trips to Saudi Arabia            Hamas Demands UKís Apology Over Balfour Declaration that Dispossessed Palestinians             US in Iraq: Taking Advantage of ISIS for Military Stay             Noor hold talks with top political figures in Kabul regarding new political coalition            Abdullah urges political circles to consider national interests in their stances             Iran, Russia, Azerbaijan to hold tripartite summit in Tehran             Mega Dream: Bin Salmanís NEOM Project Hardly Feasible             Ayatollah Khamenei urges Islamic world to continue anti-Israel fight             Whatís Behind US Striving after Syriaís Abu Kamal Seizure?            

DATE PUBLISHED: 2014/4/8 - 13:26:57
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Etihad in final talks over Ďnext stageí of Air Berlin partnership
Etihad in final talks over Ďnext stageí of Air Berlin partnership

Etihad Airways’ chief executive said on Monday that the airline was close to sealing the next phase of its partnership with Air Berlin and that it was still in due diligence over a possible tie-up with Alitalia.

“All our objectives have been met and we are in the final stages of negotiating the next stage of that (Air Berlin) partnership,” James Hogan told an aerospace conference in Abu Dhabi, without elaborating.

German media reports last month said the United Arab Emirates-based airline could increase its stake in the struggling German carrier to 49.9 percent from the current 30 percent.

Etihad has also been studying a possible investment in Italian carrier Alitalia in recent months, but the CEO said on Monday that this process was still ongoing.

“We are in due diligence at the moment. The mandate we have from shareholders is if we can achieve an agreement that meets the commercial mandate, we’ll come back and present that to the board. That’s where we are at the moment,” Hogan said.

 

LINK: http://ansarpress.com/english/1710






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