Etihad becomes biggest shareholder in airberlin

Airlines will also implement extensive codeshare agreement



The UAE’s national airline Etihad Airways has agreed to up its stake in airberlin to almost 30%, becoming the largest single shareholder. Under the partnership, airberlin will operate four A330-200 flights a week between Berlin and Abu Dhabi from January 15 and it will shift its Middle East operation from Dubai to Abu Dhabi. European travellers will have access to a total of 29 flights a week to and through Abu Dhabi from four German hubs, with a plan to increase to 42 flights from mid-April.
The airlines will also implement an extensive codeshare agreement, initially with Etihad codesharing on 36 of airberlin’s 171 destinations and airberlin codesharing on 24 of Etihad’s 82 passenger destinations. Etihad Airways will sign codeshare agreements with the airberlin group for all European activities including those of the Austrian airline NIKI and the Swiss airline Belair.
[pictured: airberlin A330; courtesy airberlin]