Etihad Airways has bought two extra tranches of shares in Irish flag-carrier Aer Lingus within the past month. On Feb 28 it slightly raised its stake from 2.98% to 3.01%. By Irish law, this move over the 3% mark required it to formally declare the purchase. A further purchase, formally announced Tuesday, took the Abu Dhabi-based airline to 4.11% of Aer Lingus’s shareholding. Aer Lingus was one of the first airlines in what fast-expanding Etihad refers to as its ‘equity ...

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