Pursuits
Etihad Takes 29.2% Stake in Air Berlin, Squeezing Lufthansa
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Etihad Airways agreed to provide Air Berlin Plc with $350 million in equity financing and funds for planes, helping the German carrier to ride out the slowdown and boosting the Gulf company’s challenge to Deutsche Lufthansa AG.
Abu Dhabi-based Etihad will lift its Air Berlin stake from