Air Berlin Sells Miles Stake to Etihad for $243M

Air Berlin Plc sold control of its frequent-flier program to shareholder Etihad Airways for 184.4 million euros ($243 million) in a transaction that could help the discount carrier post its first annual profit since 2007.

Modi on Road to Nowhere in Key State: BloombergQuint
09:25 - In the 2014 general election, Indian Prime Minister Narendra Modi swept Uttar Pradesh, a politically important state of 200 million people, by promising development. But for farmers who voted Modi's Bharatiya Janata Party into national office, it's the state’s chief minister Akhilesh Yadav and his ruling Samajwadi Party that’s delivered. Bloomberg's Iain Marlow reports. (Source: BloombergQuint) (Source: Bloomberg)
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