Friday 20 July 2012

Etihad chief blasts Qantas tactics - Yahoo! News Maktoob

Etihad Airways chief James Hogan on Friday pledged the Abu Dhabi-based carrier will never seek control of Virgin Australia and hit out at Qantas's tactics to undermine his airline.
Etihad has built its holding in Virgin over recent months to 4.9 percent and on Thursday won approval from the Australian Foreign Investment Review Board to boost the stake to 10 percent.
Virgin is Qantas's key domestic Australian competitor and last month the "Flying Kangaroo" reportedly warned the government it could "go under" if Etihad was allowed a greater stake in its rival.

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