Mumbai: James Hogan, CEO, Etihad Airways said yesterday that the third-biggest Gulf carrier is interested in acquisitions in India, Europe and “even Australia,” and could do “one or two more deals.” Hogan, speaking at the national aviation press club in Sydney, said Abu Dhabi-based Etihad, which recently invested in airberlin and Air Seychelles, is looking for “low- risk, high-return equity partners” and that there is “no shortage of attractive options.”
Recent changes at existing Etihad ally Virgin Australia opening the door to foreign investment are “interesting,” Hogan said, according to a copy of his speech. “We are looking to move beyond codeshares, into equity partnerships that open up vast markets and allow us to compete with would-be rivals,” he added, according to an Agencies report.
Etihad separately declined to respond directly to comments from Jean-Cyril Spinetta, Group CEO, Air France-KLM Group saying the Middle Eastern airline has made an approach regarding a possible commercial partnership. “Etihad Airways talks regularly and frequently to many airlines and a range of other businesses from all over the world about issues and opportunities,’’ a statement said.
09/03/12 TravelBizMonitor
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