Etihad says can raise stake in Virgin Australia to 10 percent
Abu Dhabi's Etihad Airways said on Thursday the Australian government had allowed it to raise its stake in Virgin Australia to 10 percent.
July 19, 2012 10:54 by Reuters
Abu Dhabi’s Etihad Airways said on Thursday the Australian government had allowed it to raise its stake in Virgin Australia to 10 percent.
Last month, Etihad raised its stake in Australia’s no.2 carrier to 4.99 percent, a day after it announced plans to build its holding and said it would seek regulatory approval to go higher.
(Reporting by Narayanan Somasundaram; Editing by Ron Popeski)
More on All News
-
NCoV – First report of patient-to-nurse spread
-
Struggling Singapore Airlines fights back
-
Saudi regulations target stock market speculators
-
Dubai’s Arqaam Capital Eyes South Africa, Saudi Expansion
-
U.S. Targets Two UAE Firms For Dealing With Blacklisted Iran Banks
-
Airbus officially picked by Kuwait Airways
-
Turkish Airlines faces strike
-
GMR reveals top 50 Mena Corporate Brands
-
Coronavirus can spread from person to person
-
Kuwait Airways to sign $3 billion-plus Airbus deal
-
Abu Dhabi Tourism Company Loss Widens
-
Emirates Airline reaps expansion profits
-
Saudi Arabia has 13 cases of SARS-like Coronavirus – WHO
-
UAE Central Bank Shuts Two Money Exchange Firms For Violations
-
Emal plans further expansion
-
Dubai looking at alternatives to repay debt
-
Two more die in Saudi Arabia from SARS-like virus – WHO
-
Alwaleed’s Kingdom on the prowl
-
Qatar Airways now looks to Airbus
-
World’s Longest-Range Passenger Jet
Lately on Kipp
-
Dusting off the Emirates ID card
-
Turkish Airlines Can Ride Out Turbulence
-
Taking on Abercrombie & Fitch
-
Red Hat Expands Technical Account Management Services to Offer SAP® Solution-centric Support
-
R&M’s New CSR Report Highlights Company’s Achievements in Advancing Ecological Efficiency and Social Accountability
-
NCoV – First report of patient-to-nurse spread
