Air aberlin will pass 40 planes to Eurowings, *the rest will be merged with TUI Fly and will be managed by Etihad as a tourist carrier.*
Air Berlin will merge with *TUI Fly and it will become a new airline that will serve only short haul flights, 75% will belong to Etihad.*
Airline is dead already with 1,2 billion Euros debt.*
I sometime wonder if this idea of capitalism sorting itself out with market forces and competition really works with companies merging and buying out each other and then you left with a few that form the cartels and rule the market and abuse their power and the consumer...! You can see it in all businesses these day, look at telecomms.
You probably cannot read, can you?
Air Berlin will merge with *TUI Fly and it will become a new airline that will serve only short haul flights, 75% will belong to Etihad.*
Airline is dead already with 1,2 billion Euros debt.*