Etihad acquires 3pc stake in Aer Lingus
Abu Dhabi, May 1, 2012
Etihad Airways, the national airline of the UAE, confirmed today it had acquired a 2.987 per cent stake in Aer Lingus, adding that the purchase reflected its desire to forge a commercial partnership with the Irish national carrier.
A possible partnership could produce significant commercial benefits for both airlines, Etihad said in a statement.
Etihad operates 10 flights a week from Abu Dhabi to Dublin and has carried more than 750,000 passengers between the two capitals since it began flying the route in July, 2007.
The airline has a premium lounge at Dublin Airport, an engineering maintenance facility and has conducted recruitment drives across the country. It also recently renewed its sponsorship of the Gaelic Athletic Association, signing a five-year deal.
Etihad Airways has strategic codeshare partnerships with 34 airlines around the world. – TradeArabia News Service
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