Etihad Airways ready for more stake acquisitions: CEO
Complex Made Simple

Etihad Airways ready for more stake acquisitions: CEO

Etihad Airways ready for more stake acquisitions: CEO

Etihad Airways has said it is eyeing further investments if the right opportunity arises, Reuters has reported. "We see further equity investments only if it's the right opportunity, right partner, right market and right price," Etihad's chief executive, James Hogan, said. The Abu Dhabi-based airline has been on an acquisition drive in recent months, taking minority equity stakes in Virgin Australia and Aer Lingus and raising its shareholding in Air Berlin and Air Seychelles. Any future acquisitions would follow the same theme, with Etihad not interested in majority ownership, Hogan said. "Our equity model is about growth, not control," he said.

    Author
    AMEinfo Staff

    AMEinfo staff members report business news and views from across the Middle East and North Africa region, and analyse global events impacting the region today.

    © 2021, ADigitalcom. All rights reserved