24-Jun-2011 11:47 AM

Etihad rules out full takeover of Virgin Atlantic

Etihad Airways CEO James Hogan ruled out a takeover of Virgin Atlantic, but declined to deny an interest in acquiring a stake in the carrier (Travel Weekly, 23-Jun-2011).

Etihad Airways: “We have looked at a range of business opportunities over the last 12 months, including other airlines, and are continuing to look. If we see an opportunity to invest in a business, we will look at it, but not in order to control a business. There has been an impact on our financial charges, but we accept that. It is part of business," James Hogan, CEO. Source: Travel Weekly, 23-Jun-2011.