Etihad Airways has welcomed airberlin’s decision to “accelerate structural change within the airline to target sustainable profitability”, the airline said in a statement today in response to airberlin’s financial results issued on Sunday night. airberlin announced a strategic review of its long-term business model as it reported its 2013 annual financial results. The predominant objective will be to restructure the airline and shape a robust business model that is fit for purpose in today’s competitive market conditions. For this purpose airberlin will strengthen its management board with the appointment of a Chief Restructuring Officer. In support of this restructuring, Etihad

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