Etihad Airways denies reported speculation on offloading stake in Virgin Australia
Etihad Airways denied speculation reported in the Australian Financial Review earlier today (28 December) that the gulf carrier could be considering options for its 21.8% stake in Virgin Australia [ASX: VAH], the same Australian newspaper reported.
Etihad Airways denied the speculation, saying the airliner's investment in Virgin Australia will be maintained, and Etihad Airways remains fully committed to maintain its long-term business partnership with Virgin Australia, the newspaper report said, quoting an unnamed Etihad spokesman as saying.