Friday, 11 November 2011

gulfnews : Etihad to pass up Aer Lingus shares

Etihad will not be buying a stake in Irish national airline Aer Lingus, Gulf News can report.

Senior Irish government and travel industry sources have confirmed independently that the Abu Dhabi-based carrier of the UAE had ‘kicked the tyres' and briefly considered purchasing Dublin's 25.4 per cent share of Aer Lingus.

Speculation about a purchase arose last month after Etihad CEO James Hogan visited Ireland and met with the Taoiseach (Prime Minister) Enda Kenny at an investment forum.

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