Gulf carrier Etihad on Wednesday said it has raised $500 million (approximately Rs 3,322 crore) along with its airport services business and five equity partners from the international market for capital expenditure and fleet expansion, among others.
The airline, in a release said, the funds were mopped up through a series of road shows held across Abu Dhabi, London and Dubai.
Of the total funds raised, while Etihad Airways, Etihad Aiport Services, Air Berlin and Alitalia each would get 20% share, Indian carrier Jet Airways would get 16%, the airline said.
17/09/15 Daily News & Analysis
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The airline, in a release said, the funds were mopped up through a series of road shows held across Abu Dhabi, London and Dubai.
Of the total funds raised, while Etihad Airways, Etihad Aiport Services, Air Berlin and Alitalia each would get 20% share, Indian carrier Jet Airways would get 16%, the airline said.
17/09/15 Daily News & Analysis
