air france studies ties with etihad
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Air France studies ties with Etihad

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Arab Today, arab today Air France studies ties with Etihad

Frankfurt - Arabstoday
Air France-KLM is considering a partnership with Etihad that includes the German domestic routes of Air Berlin, a German newspaper quoted the chief executive of the Franco-Dutch airline as saying. Etihad owns just under 30 per cent of Air Berlin, which is Germany's second biggest carrier but is struggling to return to profit. Air France-KLM has already said that Etihad had proposed a partnership on some routes. "A partnership with Etihad would only make sense for us on the Paris-Abu Dhabi route and to other hubs," Jean-Cyril Spinetta was quoted as saying in Die Welt yesterday. "On the other hand, a wider partnership would be possible if it included Air Berlin and its network in the German market." Restructuring plan Air France-KLM, which made a net loss of €809 million (Dh3.88 billion) in 2011, is currently undergoing a restructuring programme that includes lower aircraft investments and an overhaul of the European passenger network at its French arm. Spinetta told the paper the group was keen to expand on routes to China to serve Chinese tourists who want to come to Europe, but wanted to give a new route to Wuhan a chance to settle in before looking at more destinations in the country. From: Gulfnews
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