Friday 25 July 2014
 
»
 
»
Story

Etihad denies talks with Malaysian over equity

Abu Dhabi, June 19, 2014

Abu Dhabi's Etihad Airways said on Thursday it is not in talks with Malaysian Airlines for an equity investment, dismissing media reports.

"Etihad Airways would like to confirm that it is not in talks with Malaysia Airlines about the possibility of an equity investment in the carrier," it said in a statement.

Shares of Malaysian Airline System rose the most in more than a year on Wednesday following a media report that the loss-making national carrier will form a partnership with Etihad Airways as part of a rescue plan.

The troubled Malaysian carrier has told oneworld alliance members that it might form a partnership with Etihad Airways, according to the CAPA Centre for Aviation, Australia's The Age newspaper reported on Wednesday.  - Reuters




Tags: Etihad | equity | Malaysian |

More Travel, Tourism & Hospitality Stories

calendarCalendar of Events

Ads

Buy high quality China wholesale Health & Beauty , Electronics, Sports & Outdoors , Computers, Video Games, Toys & Hobbies Cell Phones, Automobiles and other wholesale products directly from reliable Chinese wholesalers or Factories on DHgate.com