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Breakingviews: To Etihad, making loss in Europe makes sense

Monday, June 02, 2014 - 02:34

June 2 - After a stake in Air Berlin and Aer Lingus, Etihad buys another piece of a loss-making European carrier. And with Alitalia comes much-needed political clout, says Breakingviews.

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See hot on this time round is not just unions yes that's according to breaking these and joining me now is on App Store back. I don't think washingtonians I mean this deal is more about politics isn't it. Yeah I think in many airways' first born son -- that it Jihad. Doesn't think him in quarterly or yearly financial revenue so they're not bad to maker's profit social showed up in the fourth term. But it should -- -- economic policy. Awful for the Abu Dhabi government and its people -- powerful economic restructuring. Of the cross country. Not I think Honda already has stakes in air Berlin and Hingis. What is mistaken on the time they get it. What do. They. Big. They they're trying to bury him in Lyon and what where where they have small lull minority stakes in in the in those other -- -- -- Which are part of that line and mainly because Rivera kind of returning home today to be alliance businessmen talking to to -- obligation business. In general -- mistakes have been have been procedures already stole a bit of most of our profitable airlines are part of our lie and truth and -- team up with. It's not so they kind of taking up -- left on the table of and then goes on mainly loss making airline trip and they need financial last night from a camp -- to stay afloat. The case say I'm in the final -- or at how much the state isn't Carrey acts. When do you think in the numbers game too because obviously on -- -- is going to need more cash injections going forwards. It's probably it would be very half off on a tie it to break even more you make profits and they in the future has made him operating profit in the and philosophers think it took twenty years. So I think if you Edwards probably start a mistake somewhere on kind of send me which gives him some room to increase of up to 49%. Above that threshold on Israel wouldn't be regarded as the European allies anymore and they were Lutheran and right to mural which which would. Yeah it would would would be true if you're content content -- -- Thank you very much up stormed back from breaking news that talking about then this is on the politics behind. And -- has been buying a stake in Alitalia I'm and chain along this is choices.

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Breakingviews: To Etihad, making loss in Europe makes sense

Monday, June 02, 2014 - 02:34