One of Etihad Airways strategies in its aggressive expansion has been snapping up minority stakes in foreign airlines. Here are some of the investments the Abu Dhabi-based carrier had successfully undertaken.
Updated: February 02, 2014, 12:00 AM
In pictures: Etihad’s investments in foreign airlines
Etihad Airways has a 2.9 per cent stake in Ireland’s Aer Lingus. Peter Muhly / AFP
Etihad announced the agreement in April to acquire a 24 per cent stake in Jet Airways for US$379million. Indranil Mukherjee / AFP
Etihad has a 40 per cent equity in Air Seychelles, which it acquired in January 2012 in a deal worth US$45 million. Courtesy of Air Seychelles
Etihad signed a deal in August helped to relaunch the loss-making Jat Airways as Air Serbia and made a financial pledge of US$40 million, which is to be converted into a 49 per cent equity shareholding. Marko Djurica / Reuters
Etihad Airways and Alitalia are in the final phase of a due diligence process that may result in an investment by the Abu Dhabi carrier. Max Rossi / Reuters
Etihad Airways has a current shareholding of 19.9 per cent at Virgin Australia. Daniel Munoz / Reuters