Virgin Australia Boeing 737-800
Etihad Airways has confirmed it now owns a 19.9% equity stake in Virgin Australia. Etihad first bought 3.96% of Virgin Australia in June 2012 and has since been building up its holding. Australia’s Foreign Investment Review Board had already approved Etihad increasing its shareholding to as much as 19.9%. Etihad “now holds more than 515 million shares in its equity partner airline,” the Abu Dhabi-based airline said in a statement. Etihad and Virgin Australia signed a ...
Subscribe to Access this Entire Article
"Etihad increases stake in Virgin Australia to 19.9%" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.