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Thursday, 20 July 2017

Etihad Airways sells first airline stake amid review | GulfNews.com

Etihad Airways sells first airline stake amid review | GulfNews.com:

"Etihad Airways has sold its minority stake in European regional carrier Darwin Airline, the first divestment since launching a strategic review last year and just weeks after chief executive James Hogan left the Abu Dhabi carrier.
Etihad, which held a 33.3 per cent stake in Darwin Airline, and other investors have sold their shares to a subsidiary of Slovenia’s Adria Airways, according to a Darwin Airline statement sent to Reuters by Etihad on Wednesday.

Darwin Airline was one of eight carriers Etihad had bought since 2011 and the second one sold after British Airways-owner International Airlines Group (IAG) took over Aer Lingus in 2015."



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