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Airberlin-Etihad strategies to improve 2012 financial results

Berlin, Germany - The German airline has established the topbonus frequent flyer program as a separate spin-off company; the partnership increases between two parts

airberlin has established on December 18 the topbonus frequent flyer program as a separate spin-off company. Etihad Airways has acquired a majority stake of 70% in the new topbonus Limited (Ltd.), while 30% remains with airberlin. The total transaction value is €200 million, which is being financed by an equity injection of €50 million and debt financing of €150 million, provided by HSBC Inter...

fra/pec - 1148426
Rome, Italy, 12/19/2012 19:08
AVIONEWS - World Aeronautical Press Agency

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