Italy's national carrier Alitalia has been on an extended losing streak but now help might be at hand. Etihad Airways is planning to take a stake of between 40 and 49 percent in the ailing carrier.
Austrian airline Niki has filed for bankruptcy protection after German carrier Lufthansa withdrew its takeover bid for the former Air Berlin subsidiary. Now passengers are stranded across Europe.
After nearly four decades of plying the skies, Germany's once second-largest airline has stopped operating, with many employees fearing to be left without work amid attempts to sell the remaining assets.
Germany's Lufthansa Group looks set to expand, even as some rival airlines cut back or fall into bankruptcy. It has set its sights on becoming a leading global player. But air travel markets remain fiercely competitive.
Insolvent German carrier Air Berlin has flown its last flight. It was a heartfelt event for many passengers and employees.
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