Etihad not on the lookout for new equity stakes: CEO | GulfNews.com:
"Doing a U-turn on the investment strategy that was an inherent part of Etihad Airways’ growth plan until very recently, the airline is now starting to look inward for growth, according to its top executive.
Etihad “will not” continue to invest in various airlines across the globe, Peter Baumgartner told Gulf News in an interview on Sunday. “No, we certainly are not on the lookout for [airline stakes] for the next investment opportunity,” he said.
Etihad’s former chief James Hogan had adopted a growth strategy that involved buying equity stakes in airlines across the globe.
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