Virgin Australia (DJ) has no concerns about moves by Etihad (EY) to further increase its stake in the carrier to 10%, as reported by Australia’s The Age newspaper. Abu Dhabi (AUH)-based EY last week acquired a 3.96% equity stake in DJ, and almost immediately increased it to 4.99% a day later (ATW Daily News, June 7). “We believe it’s a vote of confidence in our strategy and they want to have a part of it,” a DJ spokesperson told ATW. That strategy has seen DJ ...

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