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Posts Tagged ‘Business’
The Europe’s third-biggest low-cost airline—Air Berlin just announced that the US billionaire—Len Blavatnik, another cash strapped victim of credit crisis, has been forced to sold his 18.9% stake in the carrier.
As Air Berlin remains an attractive target in a rapidly consolidating airline sector, this sale brings many great chances for the new buyers. However, the [...]
- (1) Comment
- Tags: airline, bail out, Business
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