Etihad, Abu Dhabi’s state-owned airline, is making investments in carriers across the world as it pursues its distinctive strategy for rapid international expansion from the crowded Gulf aviation market.
While rivals such as its near-neighbour Emirates of Dubai have grown in influence by creating their own new routes, Etihad is focusing on building international partnerships through setting up code shares and taking minority stakes in other airlines in countries from Germany to Australia.
Etihad last month said it was considering a possible investment in an Indian carrier, underscoring an approach to growth that is seen by analysts as effective but hard to judge definitively because the company makes only limited financial disclosures.
Etihad eyes partnership route to growth - FT.com
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