Etihad Airways plans to acquire Topbonus, Air Berlin’s frequent flyer program. Few details are being made available, although the deal has been confirmed by Air Berlin. The German airline also says the transaction is to be completed before the end of the year. Etihad, which was not available for comment, in January purchased a 29% stake in Air Berlin. At the time, Etihad paid €73 million ($95.4 million) to add a 27% holding to the 2% it already owned, and provided the subsidiary with ...
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