Bloomberg Air Berlin Plc is seeking a much-needed cash injection from investor Etihad Airways as the Gulf carrier draws up plans to buy a stake in the German company’s Austrian leisure arm Niki, which is being spun off and merged with a peer, people familiar with the plan said. Abu Dhabi-based Etihad will take a holding in Niki as ...

  Bloomberg South Africa hired Bain & Co. to advise on the strategy and corporate structure of the country’s three loss-making state-run airlines to improve the benefit to the state from owning the carriers. Bain, based in Boston, was awarded the contract as part of a joint venture with a South African company, Abacus Advisory, according to a posting on ...

  DUBAI / Reuters Pakistan International Airlines (PIA) is evaluating an order for wide-body Airbus and Boeing jets as it looks to upgrade its ageing fleet, an executive for the state-owned airline said on Tuesday. “Boeing 777X would be a good option,” the airline’s executive director of human resources and works, Raheel Ahmed, told reporters on the sidelines of an ...