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 ...

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