Etihad Airways A340-600. By Rob Finlayson Etihad Airways (EY) has confirmed it has purchased a further 221 million Virgin Australia (DJ) shares on the open market over recent weeks, bringing its equity stake in the Australian carrier to 10%, the maximum permitted. In July, EY received approval from Australia’s Foreign Investment Review Board to increase its holding from 5% to 10% (ATW Daily News, July 19). However, EY president and CEO James Hogan insisted the Abu Dhabi-based ...

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