Airline firm Virgin Australia Holdings Ltd said it plans to raise USD350 million in capital to enhance its liquidity by offering new shares to its existing shareholders.
Tags: Etihad Airways
Qatar Airways takes $1.7 billion stake in British Airways-owner IAG
Qatar Airways has bought a 9.99 percent stake in International Consolidated Airlines Group (IAG) worth around 1.15 billion pounds ($1.7 billion), building closer ties with the owner of its partners British Airways and Iberia in the oneworld alliance.
Swiss agency has more queries over Etihad plan to buy Darwin stake
Swiss authorities have given Darwin Airline until the end of January to answer more questions about Etihad Airways' plans to buy a third of the Swiss airline before it gives the deal the green light.
Alitalia seeks €50M additional loan from Italian lenders UniCredit, Intesa Sanpaolo
Alitala, Italy's flag carrier, has written to Italian banks UniCredit and Intesa Sanpaolo asking to extend an existing loan agreement by €50 million. This comes on top of the €200 million in bank loans agreed on in October.
Air NZ, Etihad, Singapore Airlines lift stakes in Virgin Australia
Virgin Australia's biggest shareholders, Air New Zealand, Etihad Airways, and Singapore Airlines, have upped their stakes in the troubled Australian airline by 4%, lifting their combined position from 63% to 67%.
Latest News
Air Seychelles announced its record growth of its international business, thanks to its popular Abu Dhabi route.
If the new airline becomes profitable, expansion through acquisition of other airlines in the European countries would be next on the agenda for Air Serbia, according to Deputy Prime Minister Aleksandar Vucic.
The Abu Dhabi based airline's revenues jumped by 11% for the third quarter of the current year.
The merger of Etihad Airways and Jet Airways passed finance regulatory authority review and now would go to the antitrust regulatory authority.
Berlin is the site for the European headquarters of Etihad Airways. Eithad Airways recently unveiled its new headquarters in Berlin, enhancing the Gulf aircarrier's presence in Germany as well as the whole of Europe.
Etihad plans to invest USD600 million in Jet Airways after approval from Indian authorities. Etihad extended the regulatory clearance deadline of its USD600 million deal with Jet Airways.
Etihad Airways announced it will buy a 49% stake in Serbia's losing JAT Airways. Serbia's loss-making JAT Airways found a savior in Etihad Airways.
The buyout deal between Jet and Etihad Airways got the approval of the Indian government but certain conditions must be observed.
Shares for Jet Airways increased dramatically after speculation of FIPB approval of Jet-Etihad deal surfaced.
