Etihad Airways is to increase its stake in Air Berlin to 29.21%, which will make it the largest single shareholder in the German carrier. For Air Berlin, this could seem an angelic feat as they are in the middle of a restructuring programme. They are increasing their stake by 2.99%, at a cost of €2.31 ($3) per share. Eithad will also invest up to to $255 million in Air … [Read more...]