Wednesday, June 06, 2012 - Etihad Airways confirmed that it has acquired a 3.96 per cent stake in Virgin Australia Holdings.
The stake has been built over recent weeks, through purchases on the open market.
Etihad Airways believes that this equity investment in Virgin Australia’s domestic operations significantly strengthens the 10-year strategic partnership forged by the two carriers in August 2010 and will enrich the commercial benefits which the alliance already provides for both airlines as well as increasing the benefits to Australian consumers and visitors to Australia.
Continue Reading...
The stake has been built over recent weeks, through purchases on the open market.
Etihad Airways believes that this equity investment in Virgin Australia’s domestic operations significantly strengthens the 10-year strategic partnership forged by the two carriers in August 2010 and will enrich the commercial benefits which the alliance already provides for both airlines as well as increasing the benefits to Australian consumers and visitors to Australia.
Continue Reading...
No comments:
Post a Comment