Etihad today announced that it had bought Jet Airways’ three London Heathrow take off and landing slots for US$70 million. The slots will immediately be leased back to Jet Airways for a period of three years.
Etihad today announced that it has purchased a 4% stake in Virgin Australia for $35.6 million (£23.1 million). Etihad now has stakes in Aer Lingus (3%), Air Berlin (30%), Air Seychelles (40%) and Virgin Australia (4%).
Etihad Airways today announced that it had taken a 2.9% stake in Ireland’s Aer Lingus. Etihad stated that it will now enter talks with Aer Lingus which may result in the shareholding being significantly increased.