Etihad eyes Virgin Atlantic

Friday, 24 Jan, 2011 0

 

Middle Eastern airline Etihad has made it known it is interested in acquiring a large chunk of Virgin Atlantic, it was revealed this weekend.
 
Sir Richard Branson appointed Deutsche Bank last year to carry out a strategic review of his airline’s future and consider alliances with other airlines.
 
And Etihad, which is backed by the Abu Dhabi royal family, has revealed that it has approached the bank via a letter from its chief executive James Hogan.
 
Branson has suggested that he may wish to sell his 51% stake in Virgin Atlantic should the right bidder come along.
 
Neither Etihad nor Virgin Atlantic would comment on the news, the former saying only that it regularly spoke with other airlines about future business opportunities.
 
by Dinah Hatch

 



 

profileimage

Dinah



Most Read

Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know

Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham

Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago

Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research

Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact

Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference

Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role

Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal

Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination

Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness

Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future

Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
TRAINING & COMPETITION
Skip to toolbar
Clearing CSS/JS assets' cache... Please wait until this notice disappears...
Updating... Please wait...