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Etihad Airways cleared to buy more of Virgin Australia

Abu Dhabi, UAE - Welcomed the decision by the Australian Government

Etihad Airways has welcomed the decision by the Australian Government to allow the airline to increase its equity stake in Virgin Australia Holdings to a maximum of 10 per cent. It currently has a 4.99 per cent stake in Virgin Australia, acquired earlier this year, and had applied to the Foreign Investment Review Board (FIRB) to raise the level of its investment. The purchase was made following...

fra/pec - 1143674
Rome, Italy, 07/20/2012 18:57
AVIONEWS - World Aeronautical Press Agency

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