Etihad chasing Virgin stake, no buts about it
Interesting play!
The story also talks of the future Etihad lounge in Sydney.
ETIHAD chief executive James Hogan says he has made clear to Sir Richard Branson that his airline is interested in his cornerstone stake in Virgin Australia.The Abu Dhabi airline is pursuing equity stakes in ''one or two'' more groups after building large holdings in Europe's sixth-largest airline, Air Berlin, and Air Seychelles in recent months.
Etihad has been stymied from taking a cornerstone stake in Virgin because Australia's second-largest airline is close to hitting its 49 per cent foreign ownership limit.
Read more: Etihad chasing Virgin stake, no buts about it
Interesting play!
The story also talks of the future Etihad lounge in Sydney.