Ghetto IFE - Eithad extends its reach in Europe – gains 49% of Air Serbia

Discussion in 'Blogstand' started by BoardingArea, Mar 27, 2014.

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    Etihad Airways has formally received regulatory approval for taking over 49% of Air Serbia (previously JAT) from the government of Serbia. As a direct result, the US$40 million that was a loan from Etihad to Air Serbia will now be converted into an equity stake, and Air Serbia joins Etihads Equity...
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