Skift Take
As the company's CEO suggests, buying additional European stakes may be most the efficient way to scale quickly and stay on same playing field as airlines like Emirates and Qatar.
Etihad Airways Chief Executive James Hogan said on Wednesday the airline would consider adding one or two more strategic airline stakes.
“Maybe one or two more,” he told reporters, when asked about adding to the airline’s existing stakes in Virgin Australia (VAH.AX), Air Berlin (AB1.DE), Air Seychelles and Aer Lingus (AERL.I).
“Anywhere there are opportunities for scale and taking out costs,” he added.
The Daily Newsletter
Our daily coverage of the global travel industry. Written by editors and analysts from across Skift’s brands.
Have a confidential tip for Skift? Get in touch
Tags: etihad