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Aircraft and finance. Etihad increases its stake in Virgin Australia

Abu Dhabi, United Arab Emirates - The Abu Dhabi-based carrier now owns 21.24% of the shares

Etihad Airways has receieved the approval of Australia's Foreign Investment Review Board to increase its stake in Virgin Australia. The shares owned by the Abu Dhabi-based carrier therefore passed from 19.9% to 21.24%. However the Middle Eastern company is just the third largest foreign investor in Virgin Australia, after Air New Zealand and Singapore Airlines, whose stakes are 24.46% and 22.1%...

AVIONEWS - World Aeronautical Press Agency - 1160357

AVIONEWS - World Aeronautical Press Agency