BREAKING NEWS

Now Reading:

German airline Lufthansa slams Alitalia tie-up with Etihad Airways


Business

German airline Lufthansa slams Alitalia tie-up with Etihad Airways

Germany’s largest airline, Lufthansa has called on European regulators to block a tie-up between the troubled Italian carrier Alitalia and the Abu Dhabi state-owned Etihad Airways.

The two have said they are in the “final phase” of talks which may take another 30 days to complete.

Lufthansa believes any agreement between the two carriers would amount to unfair competition. It is against subsidies from state-owned companies from outside the European Union.

Italy’s transport minister brushed off the criticism saying it was Lufthansa that is afraid of competition.