Etihad lifts Virgin stake to 22.9 per cent

At Etihad A340-600 at Sydney Airport.

Etihad Airways has confirmed the airline has increased its stake in Virgin Australia to the maximum allowed 22.9 per cent. Representatives of the Abu Dhabi-based carrier and Virgin alliance partner released a statement to the Australian stock exchange on Tuesday afternoon outlining the purchase of 60.56 … [Read more...]