Etihad takeover?

Etihad takeover?

ETIHAD and Emirates are both downplaying speculation about a potential merger of the UAE-based global carriers.

A Bloomberg report overnight cited “four people familiar with the matter” saying talks are at a preliminary stage to see Emirates acquire Etihad’s airline business.

The carriers have denied any discussions are under way.

If the deal went ahead it would create the world’s largest airline.

Source: traveldaily