Airberlin: FlyNiki 49.8% sale to bring much-needed cash injection

Credit: Rob Finlayson
Oneworld member airberlin, which announced the sale of 49.8% of its Austrian subsidiary FlyNiki to Abu Dhabi-based Etihad for €300 million ($320 million) Dec. 5, said the deal will deliver a much-needed cash injection. The transaction will also make it necessary to adjust the European network from...

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