Etihad interested in Governments Aer Lingus Stake

Reuters has it that Etihad airlines would consider a stake in Aer Lingus if the Irish government was to put their ownership up for sale. Etihad already have a small stake in the airline and the government are looking to sell their 25% stake to raise capital. Most fear however that this will go to competitor Ryanair.

 

Oct 16 (Reuters) – Etihad Airways would consider buying the Irish government’s 25 percent stake in Aer Lingus but so far has not been approached with an offer, the Gulf carrier’s chief executive said on Tuesday.

“If the Irish government approached us to look at the stake, then we would do so. But they have still not approached us,” James Hogan said on the sidelines of a conference in Abu Dhabi.

He declined to comment on Ryanair’s bid to take over Aer Lingus, or on whether Etihad would sell its current 3 percent stake in Aer Lingus.

Etihad has been on an aggressive expansion drive and has taken minority stakes in Aer Lingus, Air Berlin and Virgin Australia. Hogan said earlier this year that Etihad would look at India and Asian markets for new opportunities.

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One Response to Etihad interested in Governments Aer Lingus Stake

  1. Pingback: Etihad and Aer Lingus | Aermiles

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