Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Etihad Airways buys 3% in Irish Aer Lingus  Join our daily free Newsletter

MENAFN - - 01/05/2012

No. of Ratings : 0
Digg This Article: http%3a%2f%2fwww.menafn.com%2fmenafn%2fqn_news_story_s.aspx%3fstoryid%3d1093509063%26title%3dEtihad-Airways-buys-3-Irish-Aer-Lingus Share This Article: http%3a%2f%2fwww.menafn.com%2fmenafn%2fqn_news_story_s.aspx%3fstoryid%3d1093509063%26title%3dEtihad-Airways-buys-3-Irish-Aer-Lingus Add to Delicious Seed this article Buzz this article Add to Reddit Add to furl Add to stumbleupon Add to Mixx!


 


(MENAFN) Abu Dhabi carrier Etihad Airways agreed to buy 2.987 percent stake in Irish Aer Lingus, as part of its plan to strengthen its foothold in the European market, Arabian Business reported.

The deal comes after months of speculation with Etihad making no secret of its interest in Aer Lingus.

An Irish newspaper cited Etihad president James Hogan as saying that the company was interested in talks with the Irish government over its 25 percent stake in Aer Lingus.

Aer Lingus said that Etihad had stated it does not intend to increase its stake further, pending the outcome of discussions on a commercial tie-up.

In December, Etihad increased its shareholding of Air Berlin to nearly 30 percent, as it seeks to tap on the dense European short-haul route network and to the German capital ahead of its home rival Emirates Airlaine, which has been pushing for years to get into Berlin.

 






  MENA News Headlines
May 19 2013Al Maktoum Airport to boost Dubai's private jet movements to 20k by 2020 ,MENAFN
(MENAFN) Dubai Aviation City Corporation's COO, Rashed Bu Qara'a, stated that once opened for passenger services, Al Maktoum International Airport would increase private business jet traffic in Dubai ...

May 19 2013Syria state TV: Powerful blast rattles Damascus ,Saudi Press Agency
(MENAFN - Saudi Press Agency) Syrian TV said a powerful explosion has hit the nation's capital, causing an unknown number of casualties, AP reported. State TV says the blast rattled the Damascus ...

May 19 2013Bahrain Slams Irresponsible Iranian Statements ,Saudi Press Agency
(MENAFN - Saudi Press Agency) The Kingdom of Bahrain today strongly condemned the statements made by Iranian Assistant Foreign Minister for Arab and African Affairs Hussain Amir Abdullahyan. In a ...

May 19 2013UAE seeks to deliver multiple e-services : Dr. Al Khouri ,Emirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) The UAE government long-term e-strategy is to provide all public online services to customers online and through multiple channels, according to Eng. Dr. Ali Al ...

May 19 2013Iraq needs deep change to avoid sectarian war, says paper ,Emirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) What Iraq needs desperately is a system of more decentralised governance, where Baghdad is not calling all the shots - and targeting political opponents. ...

May 19 2013GCC is 13th largest world economy, says Bahraini Min. ,Emirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) Gulf hydrocarbon producers emerged as the 13th most powerful economy in the world in 2011 while strong oil prices allowed them to become the fifth largest ...

May 19 2013Rescuing the revolution in Syria ,Arab News
(MENAFN - Arab News) Having started the grueling process of choosing a new head of their government in exile two months ago, Syrians are likely to decide on a new leader next week. The process ...

May 19 2013The jobless kafeel ,Arab News
(MENAFN - Arab News) The changes on recruitment and its procedures are driving things to an area of 'let's imagine.' The announcements on the new Iqama (residence permit) are also in serious need ...

May 19 2013OPEC's renewed challenge ,Arab News
(MENAFN - Arab News) The Organization of Petroleum Exporting Countries (OPEC) meeting later this month could represent a landmark in terms of how the group will prepare to handle difficulties ...

May 19 2013Echoes of Arab Spring in Pakistan ,Arab News
(MENAFN - Arab News) In the run-up to what is being viewed as Pakistan's truly historic elections, an old Pakistani reader of mine from Saudi Arabia wrote in, twice, to ask: "Not a word on Pakistan's ...

more...


 
MENAFN






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help