Etihad Buys Into Aer Lingus

Etihad Airways has acquired an almost 3% stake in Aer Lingus. Etihad’s latest move to buy into the financially weak European carrier follows the 29% stake that the Abu Dahbi-based airline took in Air Berlin. In its announcement about its 2.987% share in Aer Lingus, the airline stated, “Etihad Airways believes a possible partnership could produce significant commercial benefits for both airlines.” ...