Etihad expects up to two more equity deals
- United Arab Emirates: Wednesday, December 05 - 2012 at 03:47
Etihad Airways has said it is likely to halt further equity investments after a couple more deals, most probably targeting Asian traffic, Bloomberg has reported. The Abu Dhabi-based carrier, which has minority stakes in AirBerlin, Virgin Australia Holdings, Aer Lingus Group and Air Seychelles, must not get distracted running other carriers, CEO James Hogan said. "There isn't a shopping list," said Hogan. "Maybe there are one or two more deals we'll do here, but what I can't do is something that bogs my management team down. We don't control those airlines, so we have to be convinced of their strategy."
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