Tuesday, May 1, 2012
Etihad Airways has purchased a 2.987% stake in Irish carrier Aer Lingus. See Alex Delmar-Morgan, Etihad Buys Aer Lingus Stake, Wall St. J., May 1, 2012 (available here). This move demonstrates Etihad's continued interest in European carriers, following its investment in Air Berlin last December. The purchase increases speculation that Etihad could be a buyer for the Irish government's 25% Aer Lingus stake.