Etihad is ‘comfortable’ over second review of its stake in Swiss-based Darwin | The National

Etihad is ‘comfortable’ over second review of its stake in Swiss-based Darwin | The National:



"Etihad Airways said yesterday that it was “comfortable” with a second review by Switzerland’s federal office of civil aviation of its acquisition of a 33.3 per cent stake of the Swiss-based airline Darwin.



The Swiss Federal Office of Civil Aviation (Foca) said last week that the deal currently gives effective control to Etihad over Darwin Airline, which was rebranded to Etihad Regional in January.



Foca wants to ensure that the deal complies with its rules which stipulate that the majority of the airline’s shares should be owned by Swiss or EU citizens. The same applies to the question of control over the airline."



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