Emirates said to seek Etihad takeover to create world’s largest airline 

Emirates said to seek Etihad takeover to create world’s largest airline 

Online news outlets are suggesting Emirates is looking at taking over ‘unprofitable’ Etihad, in a move that would create the world’s biggest carrier by passenger traffic.

Journalists claims that talks, which are at a preliminary stage, would see Dubai-based Emirates acquire the main airline business of Abu Dhabi’s Etihad, which would keep its maintenance arm.

An Emirates spokeswoman said the company doesn’t comment on speculation, as did a spokesman for Etihad.

The piece notes that were a transaction to go ahead, the enlarged airline operation would be bigger than that of American Airlines Group, which has a market value of $19.2bn.