Is Etihad about to expand further?
Abu Dhabi-based Etihad Airways could be poised to take control of European budget carrier Air Berlin, in which it already has a major stake.
Air Berlin was due to publish results on Thursday morning, but has postponed the announcement pending talks on "strengthening its finances".
A deal with Etihad would be the latest aggressive move by the Gulf airline into the European market - a trend that has European rivals increasingly worried.
Jeremy Howell reports.
- From the section Business