Etihad Airways Lifts Stake to 13.4%

EtihadThe shares of Etihad Airways have been lifted again in Virgin Australia Holdings Ltd. The shares were exceeded by Etihad Airways. The Richard Branson's Virgin Group was considered as the third biggest airline group.

Eithad has told investors that the shares have increased. The increase was of 13.4% from its earlier rate of 12.35%. This has helped Eithad to become Virgin Australia's third largest shareholder.

Virgin Blue ties-up with Etihad

Virgin Blue ties-up with EtihadThe competition regulator has approved the alliance of Virgin Blue with Middle Eastern airline Etihad. This has been a good move so far as the Virgin Blue's prospects are concerned. This was considered as a much needed move for the company at present context of time.